China’s currency is at a five-month high, and technical indicators suggest more gains are coming. Buying momentum is the strongest in almost a year and bearish bets have fallen to 12-month lows in the options market. A rising currency makes China’s financial markets more attractive to overseas investors -- foreign flows into the country’s debt surged in December -- which may further buttress gains. Throw in a dovish Federal Reserve along with signs of progress in trade talks, and the selloff of just a few months ago seems a distant memory. Here are four charts showing why yuan strength may persist: The yuan’s 14-day ... (full story)