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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (281808)10/7/2010 10:26:05 PM
From: Giordano BrunoRead Replies (1) | Respond to of 306849
 
>Problem is, our currency-joined-at-the-hip buddies the Chinese are happy with a lower dollar (and therefore Yuan).<

Little known but true.
No "official" peg.



To: patron_anejo_por_favor who wrote (281808)10/8/2010 7:07:40 AM
From: James HuttonRead Replies (1) | Respond to of 306849
 
The consensus seemed to be that the Jap intervention couldn't succeed unless done in concert with other big central banks (ECB, Korea, U.S.). But with everyone else in bugger-thy-neighbor moods, no one went along. Maybe why they haven't tried it again.