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home / news releases / CNY - Greenback Remains Soft Ahead Of Employment Report But Reversal Possible


CNY - Greenback Remains Soft Ahead Of Employment Report But Reversal Possible

Overview: The modest loss in the S&P 500 and NASDAQ yesterday did not signal the end of the bull run. All the markets in the Asia-Pacific region rallied, with the Hang Seng among the strongest with a 1.6% advance that brought the week's gain to around 7.8%. South Korea's Kospi was not far behind with a weekly gain of 7.5%. In the past two weeks, the MSCI Asia Pacific Index is up nearly 10%. European shares are higher by more than 1% in the morning turnover. The Dow Jones Stoxx 600 has gained almost 9%

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Stock Information

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

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