Forex Investment and Currency Trading

Forex Investment, Forex Trading and Forex Market



China CNY Monitor

March 26th, 2008 · No Comments

The sharp USD rebound last week, due to the Fed’s efforts to prevent the failure of a large securities firm and a less-thanexpected interest rate cut, led to a halt in CNY appreciation against a trade weighted basket of currencies. As the return of a calmer market sentiment coincided with the conclusion of China’s 11th [...]

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Tags: Chinese Yuan RMB CNY

A look at Chinese Yuan - USDCNY

March 19th, 2008 · No Comments

The USD Collapse
We have entered a new world – scared rather than brave. Since the start of 2008, the DXY (USD) index has declined by -6% and with more bad news likely to come out of both Wall Street and Main Street over the next few weeks, there is little reason to be bullish on [...]

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Tags: Chinese Yuan RMB CNY