Now China's Yuan Is Plunging

The dollar isn't crashing, it is surging again and at the worst time.

10 and one 10 us dollar bill

Image Source: Unsplash


WTI futures curve moved further in contango, now joined by another major milestone for the dollar bull-ying its way across Asia. China's yuan has slumped substantially, today falling well below 7 to the dollar. CNY wasn't the only one caught up in the goring, though. The dollar bull's "sudden" return is a particularly bad omen especially now.

Video Length: 00:18:18


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