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Yuan traders at most bearish since 2009

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GOING DOWN? Traders are betting China will allow more depreciation versus the dollar as monetary policy is loosened to support the economy.

Hong Kong

OPTIONS traders are the most bearish they've been on the yuan since the global financial crisis, betting China will allow more depreciation versus the dollar as monetary policy is loosened to support the economy.

The one-month 25-delta risk-reversal rate for the yuan