The Afternoon Update with Hongbin Jeong (1pm – 4pm)The Afternoon Update with Hongbin Jeong (1pm – 4pm)

Money in the Market: Is it only a matter of time before the Chinese yuan dips past 7?

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The dollar has climbed close to a 24-year peak against the yen today after hotter-than-expected inflation boosted bets for even more aggressive monetary tightening by the Federal Reserve. The dollar surged as high as144.965 yen, taking it close to the144.99 level hit a week ago. On Money in the Market, Lim Jun Kit, Strategist at Philip Nova explains the dollar's impact on the Japanese yen, the Chinese yuan, and the euro.  

 

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The Afternoon Update with Hongbin Jeong (1pm – 4pm)

Fill your workday afternoon with keen conversations that will inspire and inform with a slew of prog 
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