Investors Trim Bearish Bets on Yuan After Fed Cut, Stay Wary of Volatility: Reuters Poll
(Reuters) – Investors lowered bearish bets on the Chinese yuan as a U.S. rate cut gave Chinese bonds a yield advantage, but they built short positions in the Indonesian rupiah with the coronavirus outbreak reigniting volatility in emerging markets. In a bid to shield the U.S. economy from the damaging effects of the epidemic, the Federal …
News story posted on 2020-03-05T05:02:00.0000000Z
