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Posts related to ‘Currency’

China May Not Accomodate US On Yuan Value

Posted: April 13, 2010 at 5:10 am

A series of events in recent days is  making it more unlikely that China will allow any revaluation of the yuan and increase the chance that the US will label ...
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Geithner: A Last-Minute Trip To China

Posted: April 7, 2010 at 4:54 am

Treasury chief Tim Geithner is about to make an unannounced trip to China today to meet with the Chinese Vice Premier, Wang Qishan,  the official most involved with monetary policy.  This may lead ...
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US Caves To Chinese, Delays “Currency Manipulator” Decision

Posted: April 2, 2010 at 2:10 pm

Updated 4/4: The White House today said it would delay the decision about whether to label China a "currency manipulator." Several members of Congress said they would continue to push ...
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The Yuan Debate Inside China Intensifies

Posted: March 30, 2010 at 4:16 am

The debate about the floating exchange rate of the yuan is becoming as intense inside China as it is in the US. Two  economists brought on to advise the central bank ...
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Dollar’s Rally Is Overdone

Posted: December 4, 2009 at 3:31 pm

This morning the Bureau of Labor Statistics announced that the unemployment rate had dropped from 10.2% to 10% and that nonfarm payroll jobs declined by just 11,000.  The market rallied ...
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