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AllianzGI Trims Bullish Yuan Bet, Turns Neutral After Rally (opens original article in a new tab)

TL;DR

AllianzGI trimmed its bullish yuan bet and turned neutral after a rally that made the Chinese currency Asia's best performer this year.

  • AllianzGI reduced some of its bullish yuan position
  • AllianzGI turned neutral after a rally
  • Chinese currency was Asia's best performer this year

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