Wisdom Tree Asset Management

Some traders are betting that the Yuan will make a move lower over the next five months by buying puts on the WisdomTree Chinese Yuan Trust ETF (NYSE: CYB) today. 2,000 of the October $25 puts were purchased on the offer for $0.45 a short while ago; volume exceeded the open interest of 1,941...

Some traders are betting that the Yuan will make a move lower over the next five months by buying puts on the WisdomTree Chinese Yuan Trust ETF (NYSE: CYB) today. 2,000 of the October $25 puts were purchased on the offer for $0.45 a short while ago; volume exceeded the open interest of 1,941...

Some traders are betting that the Yuan will make a move lower over the next five months by buying puts on the WisdomTree Chinese Yuan Trust ETF (NYSE: CYB) today. 2,000 of the October $25 puts were purchased on the offer for $0.45 a short while ago; volume exceeded the open interest of 1,941...

According to Wisdom Tree Asset Management, the yuan is expected to rise 5% against the U.S. dollar this year. In an interview with Reuters, Bruce Lavine, President of Wisdom Tree Asset Management said that he was expecting the Chinese currency to be revalued by 2% in the next few months and a...