Loading ...like existed between the US & EURO …..opposite CYCLES that rotated currency ..I used to buy CDS denominated in EUROS ,then as the reversed currency trends ,I switched to US DOLLAR cd’s ..I made 20 % going each way even when the CD only paid 2 % interest .The currency exchange rate followed a NICE CYCLE . If CHINA would agree it could benefit both TRADING PARTNERS to enter an agreement..!like we had with the EURO for YEARS .I dont know if it was an official agreement ,but I noticed it and traded both ways with a simple cd…
LOOK at your own chart you posted the 2018 PEAK and TROUGH between EURO & DOLLAR I traded that for years ..nice easy money, no trading just buy the right CD opposite the dollar ,then reverse course…HEHE and get paid for waiting !