The normal market reaction to a quasi Yuan reval would be to sell the JPY crosses. The AUD has a special relationship with the CNY but certainly selling EUR/JPY, GBP/JPY or USD/JPY would be the traditional trade.
The normal market reaction to a quasi Yuan reval would be to sell the JPY crosses. The AUD has a special relationship with the CNY but certainly selling EUR/JPY, GBP/JPY or USD/JPY would be the traditional trade.
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