Tags » Currency War

Soon everybody will be scared about 'currency war' again - we should be celebrating

With the dollar continuing to strengthen and now the Japanese yen starting to take off as well central bankers in the US and Japan are likely increasingly becoming worried about the deflationary tendencies of stronger currencies and recent comments from both countries’ central banks indicate that they will not allow their currencies to strengthen dramatically… 422 more words

Chinese Renminbi becomes directly tradable with the Euro.

The Euro is the second most traded currency in the world, after the US dollar. The European Union is already China’s biggest trading partner and this imajor step allows now a direct exchange between the two currencies, without the need of the US dollar as the conduit…… 78 more words