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CNY - Still Reluctant To Take Euro Above $1.19 But Sterling Remains Unloved
Market Vectors Chinese Renminbi/USD ETN
Overview: Yesterday's roller-coaster price action has not had much impact on today's activity. The slide in US equities after early gains failed to prevent Japanese, Chinese, and Hong Kong equities from advancing, though other markets in the region were not as resilient. It is the first back-to-back weekly loss of the MSCI Asia Pacific Index since May. Europe's Dow Jones Stoxx 600 is flat to slightly higher, but the weekly gain is offsetting the lion's share of last week's decline. It has been a volatile week for US shares, and while the S&P 500 is