During the European session Chinese Yuan dropped to six-month minimum against USD continuing rapid decrease from the last week. We believe that People’s Republic Bank of China is trying to open specific expectations regarding positioning and stop the inflow of speculative capital. If to speak about the other markets, Ukraine hryvnia keeps decreasing due to expectations that it will be devaluated after the deal with WMF. No big changes in USDJPY, because investors expected further orients regarding US economic growth after unstable recent US data.
