China may consider widening the yuan trading band as the currency continues to test the weaker end of its daily limit, according to Macquarie Group. “A risk that is still under appreciated is a possible band widening,” Trang Thuy Le, a foreign-exchange strategist at the bank, said in an interview with Bloomberg Television. This could help weaken the currency more quickly, allowing officials to stabilize the fix, while also sending a “very strong signal to the market” to be prepared for more volatility, she said. China’s central bank has been managing a gradual decline in the yuan amid persistent strength in the ... (full story)