In this issue of Monetary Mechanics, I am going to do something a little different. In September 2021, I released a trade idea, which was to short CNH (the offshore version of the CNY). My thesis has played out more or less as I anticipated back then. While I did not foresee the recent waves of draconian lockdowns in China, I did manage to foresee a number of warning signs that were clear harbingers of the recent weakness in the Chinese currency.
Issue #50: Trade Idea – Short stETH
Issue #50: Trade Idea – Short stETH
Issue #50: Trade Idea – Short stETH
In this issue of Monetary Mechanics, I am going to do something a little different. In September 2021, I released a trade idea, which was to short CNH (the offshore version of the CNY). My thesis has played out more or less as I anticipated back then. While I did not foresee the recent waves of draconian lockdowns in China, I did manage to foresee a number of warning signs that were clear harbingers of the recent weakness in the Chinese currency.