Won-Yuan Direct Trading Begins in December

The video discusses the FX market headlines for November 2nd, focusing on the Japanese yen's decline, with a 60% chance of further depreciation by year-end due to BOJ's stimulus. It also covers the drop in the Aussie and Kiwi currencies following a decrease in Chinese manufacturing PMI. Additionally, it highlights South Korea's plan to start direct trading with the Chinese yuan, aiming to strengthen economic ties.

What was the official PMI reading for China in October?

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What is the plan regarding direct trading between South Korea's currency and the Chinese yuan?

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