China has no intention of devaluating the yuan to gain an advantage in global trade and there is no basis for long-term depreciation, the central bank said Thursday.
..."The reports misled expectations and disrupted the market, encouraging speculative selling. We strongly condemn the behavior, which is irresponsible and against professional ethics," the PBOC said.
The Quintet Bet
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FEEDWe just finished the most positive week for the bulls in six freakin’
months. I tried to use this strength to my advantage, purchasing put
options and ...
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