Previously Unthinkable Becomes Quite Likely - Watch the Chinese Yuan

The Chinese Yuan remains under pressure given sharp volatility in China’s financial markets and risk of capital flight. We view a significant Yuan devaluation as a major risk going forward.


from DailyFX - Forex Market News http://www.dailyfx.com/forex/fundamental/article/special_report/2016/01/14/Chinese-Yuan-competitive-devaluation-seems-increasingly-likely.html?DFXfeeds=forex:fundamental:article:special_report