The Charts: China Allows CNY to Rise Against the Dollar as the Greenback Advances Against Almost Everyone Else
Marc Chandler
January 19, 2020
The US dollar gained against the major currencies, except for the Swiss franc, which strengthened to its best level against the euro since April 2017. It has risen for six of the past seven weeks, and the week that it fell, it slipped less than 0.1%. The franc's strength could be a sign of fear in the market, but the other so-called safe-hav…
The Charts: China Allows CNY to Rise Against the Dollar as the Greenback Advances Against Almost Everyone Else
Reviewed by Marc Chandler
on
January 19, 2020
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