The yuan is on track to overtake the yen as the second-most traded currency against the dollar in the FX options market, according to LCH. The development points to rising yuan liquidity and usage in derivatives trading, with implications for currency-market flows rather than an immediate broad market shock.
The yuan is on track to overtake the yen as the second-most traded currency against the dollar in the FX options market, according to LCH. The development points to rising yuan liquidity and usage in derivatives trading, with implications for currency-market flows rather than an immediate broad market shock.
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