Yuan at 14-Month High as Fed-BOJ-PBOC Split — Crypto Impact – BeInCrypto
China’s yuan climbed to a fresh 14-month high against the dollar on Monday, adding another layer of complexity to an already turbulent macro environment for risk assets, including cryptocurrencies. The world’s three largest central banks are now moving in distinctly different directions. The Federal Reserve just delivered a hawkish rate cut, the Bank of Japan...
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