Jamie McGeever at Reuters is out with a good column on the conundrum for China as it looks to stimulate the economy. He highlights that the moves could spark a rally in the yuan and that USD/CNY could also fall as the US stimulates.He cites Stephen Jen -- who is a great FX analyst -- about the possibility of yuan strength.Stephen Jen, co-founder of hedge fund Eurizon SLJ and long-time China watcher, thinks Beijing is stuck between a rock and a hard place. As the Fed’s easing cycle rolls on, the dollar’s floor against the yuan will almost certainly drop.“I continue to believe USD/CNY is heading lower, possibly by 10% in the coming year. Almost everyone is the wrong way around. Positionin
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