Dollar Falls to 28-Month Low Versus Chinese Yuan.

Author: maneco64

Description: #dollar #yuan #china #2020election #treasury #ticdata #yields #volatility #dollarindex #bonds #stimulus #federalreserve #markets

Today we will look at the dollar and in particular how it is faring relative to its Chinese counterpart or the yuan.

We feel it is important to keep an eye on the usdcny rate as it could be pointing to official Chinese selling of U.S. Treasury securities.

Tic data or Treasury Holdings by foreigners: https://ticdata.treasury.gov/Publish/mfh.txt

China To "Gradually" Sell 20% Of Its US Treasury Holdings, May Dump It All In Case Of "Military Conflict": State Media: https://www.zerohedge.com/economics/chinas-state-media-strongly-teases-nuclear-option-dumping-all-us-bonds-extreme-case

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