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View Full Version : Yuan Forwards Snap Two-Day Decline After Wen's Economy Pledge - Bloomberg



NewsWhore
04-24-2012, 11:40 PM
Yuan Forwards Snap Two-Day Decline After Wen's Economy Pledge (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFWD_GO40uHmoClSfoT3SNWJsthIg&url=http://www.bloomberg.com/news/2012-04-25/yuan-forwards-snap-two-day-decline-after-wen-s-economy-pledge.html)
Bloomberg
One-month implied volatility for the currency, a measure of exchange-rate swings used to price options, stayed at a six-week low of 2.1 percent. “It's been external sentiment that's mainly affecting the yuan recently,” said Chin Loo Thio, ...

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