Then recovered along with the Peso as Biden did better....
"The offshore yuan later pared losses as more votes were counted, and was last down just 0.3%, at about 6.7 yuan per US dollar. The more tightly controlled onshore yuan dropped 0.2% after falling more than 1% in Shanghai."Currency markets seem to be voting with their feet," wrote analysts at Barclays. "When it seemed like the president was winning easily, currencies like the [yuan] and the [Mexican peso] sold off overnight. But both are not rallying early morning and .... the yuan has taken back most of its overnight losses."The Chinese currency could remain sensitive to the election results."
Is CNN LYING Walt?
"The offshore yuan later pared losses as more votes were counted, and was last down just 0.3%, at about 6.7 yuan per US dollar. The more tightly controlled onshore yuan dropped 0.2% after falling more than 1% in Shanghai."Currency markets seem to be voting with their feet," wrote analysts at Barclays. "When it seemed like the president was winning easily, currencies like the [yuan] and the [Mexican peso] sold off overnight. But both are not rallying early morning and .... the yuan has taken back most of its overnight losses."The Chinese currency could remain sensitive to the election results."
Is CNN LYING Walt?

