Stephen Posted May 13, 2010 Author Report Share Posted May 13, 2010 This is starting to pop up again in the rumor mill. I think it has a better chance this time around. YUAN: Forwards have strengthened as they continue to rebound from an 8month low on spec that China will relax its peg ahead of talks with US Read more: Real Time Forex News http://www.dailyfx.com/real_time_news/#ixzz0no4uyRug Link to comment
Randy W Posted May 13, 2010 Report Share Posted May 13, 2010 This is starting to pop up again in the rumor mill. I think it has a better chance this time around. YUAN: Forwards have strengthened as they continue to rebound from an 8month low on spec that China will relax its peg ahead of talks with US Read more: Real Time Forex News http://www.dailyfx.com/real_time_news/#ixzz0no4uyRug That's not even a rumor - that's a speculator, hoping someone will START a rumor. Link to comment
tsap seui Posted May 13, 2010 Report Share Posted May 13, 2010 Damn the tornpeters, China...stay your course!!!! You play this ball game with Uncle Sam and the bat will wind up stuck up your ass. tsap seui Link to comment
Stephen Posted May 20, 2010 Author Report Share Posted May 20, 2010 It's getting closer National Business Daily reports China may change Yuan exchange rate within two or three months. "Preferable to raising interest rates" Read more: Real Time Forex News http://www.dailyfx.com/real_time_news/#ixzz0oQHmI36E Link to comment
Randy W Posted May 20, 2010 Report Share Posted May 20, 2010 It's getting closer National Business Daily reports China may change Yuan exchange rate within two or three months. "Preferable to raising interest rates" Read more: Real Time Forex News http://www.dailyfx.com/real_time_news/#ixzz0oQHmI36E Yes - it's seven days closer since the last time you posted that Twitter feed Link to comment
Stephen Posted May 20, 2010 Author Report Share Posted May 20, 2010 Well thanks for keeping track of it for me. You should be happy¡ it¡¯s a, high odds probability, to make some easy money Link to comment
Guest Tony n Terrific Posted May 20, 2010 Report Share Posted May 20, 2010 It may work for Beijing but for how long? They are basically robbing Peter to pay Paul. There is talk in the financial markets that the Euro may reach parity with the dollar 1 to 1 in a years time. Many experts are talking about gold tanking and dropping to $800 an once. When this happens many investors have more faith in the Dollar not the Yuan. Link to comment
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