Quick snapshot of the major currencies bloc: Yuan soars, US dollar soggy - ConsultFX

Quick snapshot of the major currencies bloc: Yuan soars, US dollar soggy

The dollar remains soft in trading today as the dollar index slips to fresh 3-year lows The Chinese yuan leads the day after a surge thanks to the the USD/CNY at its weakest (meaning a stronger CNY) level since May 2016. The acknowledgement by the PBOC this time around that it is allowing USD/CNY to Copyright 2015 Forexlive.com