WSJ: Traders Increase Bets Against Yuan

Many investors believe that the yuan “could come under more selling pressure,” said Stephen Jen, managing partner of London-based hedge fund SLJ Macro Partners LLP. Mr. Jen expects the yuan to weaken a further 10% against the dollar this year.

Read the original article on the ‘WSJ’ website.

Posted on the 25/08/2015 at 4:24pm by joana.