The Chinese yuan spikes to a 3-month high as trade tensions ease

The Chinese currency is trading at 6.8373 yuan per dollar, its highest level in almost three months. The onshore yuan has rallied 1.8% this week, its largest two-day gain in more than a decade. The yuan’s gains come after a trade-war truce soothed tariff nerves and as US Treasury yields slipped.

The Chinese currency hit its highest level in three months, at 6.8373 yuan per dollar, after a tentative trade truce between the US and

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