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

To: Pogeu Mahone who wrote (116462)	2/18/2016 6:56:20 PM
From: TobagoJack	Read Replies (1) \| Respond to of 219658

i believe one must parse china officialdom dialogue in a mathematical way as opposed to in a grammatical way more suitable to parsing usa fed dialogue re <<The PBOC governor made it quite clear in an interview over the weekend that a devaluation was not on the cards and that foreign exchange policy will focus on a basket of currencies (the trade weighted index)>> ... my takeaway is, "china shall devalue along w/ the basket against usd, and china shall devalue along w/ usd against the basket" ... all depends on the basket, and as every currency takes turns, so shall rmb just that rmb bothers currencies that compete head-on against it, and is troublesome for the rest, nothing new and now very predictable as well as 'stable' per formulae