SINGAPORE, Nov 15 (Reuters) - The United States and China are debating the final wording on market-oriented currency exchange rates and combating trade ...
See all stories on this topic
-
US, China debate final APEC wording on forex, trade
November 15 2009, 5:44am | Comments »
-
EUR/USD firmer; China noted
EUR/USD is making some pretty good ground in early European trade. The pairing is being underpinned by decent risk appetite, realisation US rates won’t be raised anytime soon, and by an improving situation in the Baltics. Sources report China has been buying fairly agressively in this latest upmove. We sit presently at 1.4110, technical resistances now at 1.4120/25 and then 1.4160.
June 10 2009, 9:01am | Comments »
-
World bank chief bullish on China
World Bank chief Zoellick says that he’s unsure where global demand will come from for an economic rebound but he does see China surprising to the upside. Efforts to move China to a more international currency system is a good thing, he said. EUR/USD is well supported, continuing to absorb offers above 1.3900. Cable is a runaway train, trading at 1.6055 after rallying as high at 1.6068 on short-covering.
June 8 2009, 8:42pm | Comments »
1