Joined Dec 4, 2012
319 Blog Posts

You Want A Piece Of Me …

Clearly, President Elect Donald Trump is going to have to learn to use his Twitter account a great deal less than he has in the last week. His tweets last night on China are having some ramifications as I read some just crossing headlines.

China had basically rebutted those tweets and is telling Trump to go f#%@ himself. The Trade Exchange is reporting that China has devalued overnight. The USD/CNY is at 7.48 notes XE.com and it is not a glitch.  It closed yesterday at  6.88.

How the market handles this Tuesday will be of interest. This story could change between now and tomorrow’s open but it is worthy of your attention.

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  1. Dr. Fly

    glitch. CNY is unch

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    • 0 Deem this to be "Fake News"