See what's driving the bid and ask in the forex market with the daily "Morning Currency Wrap". Keep up to date with the geopolitical events that are on a trader's mind. Learn about the current trading themes and occasionally pick up a trade call.
Wednesday, January 5, 2011
China to Let Yuan Rise 5% in 2011
No kidding, how else are they going to combat inflation. The other ways to fight inflation could cause more harm. If they keep raising interest rates that could curtail growth and if they install price controls on certain commodities that will certainly lead to rationing. Read the full story here.
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