It seems that the recent China currency bill passed by the US has done exactly what we though it would: piss off China - royally. We laid this out there a few weeks ago, and aren't surprised by the reaction.
What's the likely next step? Read this post (paying particularly close attention to the final paragraph), and you should get a better idea. Please, don't take our word for it - PBOC has already begun increasing the yuan's daily trading ranges...and I'm sure it's [NOT] for the sake of a brisk yuan rally.
Timmy G: Eat your tiny, marbled heart out...you walking calamity, you.
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