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home / news releases / CNY - Dollar Remains Offered


CNY - Dollar Remains Offered

Overview

The poor price action on Tuesday in the S&P 500 was shrugged off, and new highs for the recovery were made as the record high nears. The dollar, on the other hand, seemed to find plenty of sellers against most of the major currencies. The yen was a notable exception. The dollar traded above JPY107 for the first time nearly three weeks yesterday, but could not sustain the move today. The yen is also trading at new lows for the year against the euro. The soft yen gave Japanese shares a boost. Most markets

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Stock Information

Company Name: Market Vectors Chinese Renminbi/USD ETN
Stock Symbol: CNY
Market: NYSE

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