Sunday, June 26, 2016

Yuan Acceleration: Central Banks Crying For Help

Japanese Yen, British Pound, and Chinese Yuan are all out of Central Bank control now...

Last week Prime Minister Shinzo Abe called for global coordinated currency intervention to stem the rise in the Yen. Today, it's China's turn...

ZH June 26, 2016
"Chinese Premier Li Fears Chaos Theory 'Butterfly Effect' From Brexit"

Yuan devalued most in 10 months...





Yen / Yuan in free fall
w/China FX reserves...