Are brokers ready for next devaluation of CNY?

http://www.marketwatch.com/story/wat...5-02-15?page=1

This will likely come as a complete surprise to brokers. If the CNY goes to 7.5 at random, how will this effect the AUD? In my opinion

this will definitely happen because central banks can't stop deflation through QE or cutting rates. This could be another black swan that brokers

aren't preparing for at all.

interesting speculation, hahaa in today's world you never know what can happen,

I was thinking China would dump the dollar and announce they are going on a gold standard haha

Well looks like I called it right. Not to toot my own horn or anything... just trying to help people not get completely blown out

Markula you did call it. Credit where credit is due.