Chinese yuan continues to appreciate
The currency gained 0.14 percent to 7.3867 against the dollar as of 12:54 p.m. in Shanghai, from yesterday’s close of 7.3969, according to the China Foreign Exchange Trade System. The yuan rose 0.1 percent to 10.9836 per euro. Forwards contracts in the currency show traders are more bullish about yuan gains over the next 12 …