BTC Little Changed as China Announces Stimulus; Traders Say Harris’ Win Unlikely to be Bearish

In a broadcast be aware, Lynn Tune, Chief Economist for Higher China at ING, wrote that at this time’s coverage bundle is predicted to weaken the yuan barely, with the USD-CNY trade price rising in response to the PBoC’s easing measures. Nonetheless, medium-term components like rate of interest spreads counsel a gradual appreciation pattern for the CNY.