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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (83539)11/24/2011 3:44:10 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 218000
 
well next the USA and the what? end to globalization?



To: elmatador who wrote (83539)11/25/2011 4:12:35 AM
From: Snowshoe  Respond to of 218000
 
More than one reason for resilient euro -
Analysis: Bank repatriation alone not enough to underpin currency
marketwatch.com

Simon Derrick, chief currency strategist at Bank of New York Mellon, sees the euro’s resilience as a testament to the ongoing desire of emerging-market nations — particularly China — to diversify their reserves away from the U.S. dollar. While the repatriation story has some appeal, Chinese reserve growth matches up almost perfectly with the euro’s performance over the course of the crisis, he said.