Quit Biden Your Time and Get Bullish on China
November 09, 2020 at 07:00 AM EST
President-elect Joe Biden certainly has bullish forex traders jumping for joy if movements in the Chinese yuan are any indication of their elation. The hope is that Biden’s administrative stance on China won’t be as staunch compared to current U.S. president Donald Trump, which could move the Direxion Daily FTSE China Bull 3X ETF ( YINN B ).