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Hang Seng Index: Potential Currency War May Kick Start Another Bearish Leg

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A less dovish Fed with a surprise cut by SNB has triggered a bout of US dollar strength since last Thursday, 21 March. China’s central bank, PBoC responded with a lower-than-expected daily fixing on the onshore yuan (CNY) last Friday, 22 March which led the offshore yuan (CNH) to plunge by -0.8% against the US […]

The post Hang Seng Index: Potential Currency War May Kick Start Another Bearish Leg appeared first on Action Forex.

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