Chinese companies are changing the way they trade the yuan

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Yuan volatility has disappeared since mid-June, as investors assess the deadlocked China-US trade dispute and uncertainty over monetary policy. FMTNews

A gauge of one-month historical swings in the currency was the lowest among 30 major exchange rates on Friday. The yuan slipped 0.08% to 6.8792 a dollar as of 5:42 p.m. in Shanghai.

Still, looming events such as more trade negotiations next week and a potential interest-rate cut by the Federal Reserve this month will likely get traders busy once again.

 

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