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History sets the playbook for US election FX impact

BUZZ-COMMENT-History sets the playbook for US election FX impact Oct 25 (Reuters) - Looking at the past two U.S. elections and the subsequent fallout across the FX space can give us a rough playbook as to how FX will likely trade on either a Donald Trump or Kamala Harris victory. In 2016, Trump’s shock victory led to a wave of dollar buying across the board, most notably against the euro, yen, MXN and AUD – the last, in large part due to being a liquid China proxy to trade.
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China's yuan heads for 4th weekly decline amid worries of a possible Trump win

China's yuan heads for 4th weekly decline amid worries of a possible Trump win SHANGHAI, Oct 25 (Reuters) - China's yuan held steady against the dollar on Friday, but is headed for its fourth weekly decline amid a resurgence in the U.S. currency and growing concerns over an escalating trade war if Donald Trump wins next month's election. The yuan CNY=CFXS was trading around 7.1250 per dollar in late morning session, 0.1% weaker than the previous close.
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China Policy Watch-More in store, much at stake

BUZZ-COMMENT-China Policy Watch-More in store, much at stake Oct 25 (Reuters) - Markets have swung from euphoria to jaded pessimism on China. While further stimulus is almost a certainty as the stakes for the economy continue to rise, whether or not the measures meet lofty expectation is the question. China has announced a swathe of monetary policy easing steps since late September.
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Home bias keeps China's dollar bonds supported

Home bias keeps China's dollar bonds supported SINGAPORE, Oct 24 (Reuters) - Dollar bonds issued by Chinese firms have stayed supported through the year, despite market volatility and investors' apathy towards China-linked assets, as mainland businesses plough their stockpile of dollars abroad into such debt. CONTEXT Domestic investors and exporters have been stashing money abroad as a weak economy and low yields at home undermines the yuan CNY=CFXS , setting it on course for a third year of dep
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Bears circle China's yuan gearing for Trump win

ANALYSIS-Bears circle China's yuan gearing for Trump win Yuan hit by Trump's potential White House return, trade tariff threats Chinese exporters hoard dollars, stashing money abroad Authorities prefer weak yuan to protect export revenues By Rae Wee SINGAPORE, Oct 24 (Reuters) - China's currency is feeling the pressure from a possible return of Donald Trump as U.S.
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