Bloomberg Quicktake published this video item, entitled “What’s Depressing the Yuan and Yen?” – below is their description.
Renewed strength in the US dollar is creating havoc for China’s yuan and Japan’s yen. Since the start of September, the yen has touched a 10-month low, while the yuan plumbed a 16-year low as China’s economic woes deepened. Here’s what you need to know about the Asian currencies, and how corrective efforts by China and Japan’s governments could impact the global economy. Presented by @cmegroup: https://www.cmegroup.com/openmarkets/economics.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insights
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