Yuan Options Most Bearish in Asia as Traders Ready to Fight PBOC

  • Premium for right to sell yuan surged more than 50% in January
  • Market paying less heed to controls imposed by China: Barclays

Would Devaluation Help or Hurt Yuan?

Traders are paying more to bet on a yuan decline with options than they do for any other Asian currency, suggesting bears are regrouping after being thwarted by the central bank last month.

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