Wen Says Yuan Not Undervalued

Last week we laid out our hypothesis for the eventual appreciation of the Yuan v. the US Dollar. For those who missed it here is the summary…
China has lost control of the money supply which will eventually lead to uncontrollable inflation.[More...]

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China’s Wen Rebuffs U.S. Calls for Stronger Currency (Update1)


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Forex: Euro and pound extend 3-day rallies versus yen - NASDAQ


Reuters
Forex: Euro and pound extend 3-day rallies versus yen
NASDAQ
FXstreet.com (Barcelona) - With risk appetite returning to the markets, the euro and the pound have both posted major gains at the expense of the Japanese
WORLD FOREX: Dollar Weakens Slightly On Euro After Trade DataWall Street Journal


WORLD FOREX: Euro,Dlr Down Vs Yen On China Tightening WorriesMarketWatch
FOREX-Euro steadies vs dollar, yen; SNB awaitedReuters
Forexyard -Reuters -Reuters
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Forex trends: yen diminishes on rally in most Asian stocks - Ecommerce Journal

Forex trends: yen diminishes on rally in most Asian stocks
Ecommerce Journal
The Japanese yen lost ground across the board during early Asian session Friday on rally in most Asian stocks that bolstered traders to seek for riskier
Asia stocks mixed amid China fears; Nikkei gains 0.96%Forex Pros



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WORLD FOREX: Dollar Weakens Slightly On Euro After Trade Data - Wall Street Journal


Reuters
WORLD FOREX: Dollar Weakens Slightly On Euro After Trade Data
Wall Street Journal
NEW YORK (Dow Jones)–The dollar weakened slightly against the euro Thursday, after US data painted a mixed picture
WORLD FOREX: Euro,Dlr Down Vs Yen On China Tightening WorriesMarketWatch


FOREX-Euro steadies vs dollar, yen; SNB awaitedReuters
Forex: Euro and pound extend 3-day rallies versus yenNASDAQ
Forexyard -Reuters -Reuters
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Currencies Calmly Accept Rampant Chinese Growth

There’s a nice mix of arguments this morning to give rise to conflicting views on today’s currency movements. A slew of healthy data out of China confirmed up to be a rambunctious pup desperate to play in the yard.[More...]

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WORLD FOREX: Dollar Gains Against Euro On US Trade Deficit - Wall Street Journal


Reuters
WORLD FOREX: Dollar Gains Against Euro On US Trade Deficit
Wall Street Journal
NEW YORK (Dow Jones)–The dollar strengthened against the euro, but slipped slightly against the yen,
FOREX-Euro steadies vs dollar, yen; SNB awaitedReuters


WORLD FOREX: Euro,Dlr Down Vs Yen On China Tightening WorriesMarketWatch
Forex trends: recovering vs dollar and yen, euro drops vs poundEcommerce Journal
BusinessWeek -Reuters -Wall Street Journal
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Higher-Yielding Currencies Mounting Comeback

China’s consumer-price index spiked higher in February, leading to speculation that its central bank will raise interest rates to curb economic growth. The inflation report showed an acceleration from the year-earlier month, to a greater-than-expected pace of 2.7%. The higher growth was tied to greater-than-expected gains in fixed-asset investment, bank lending, and industrial production.[More...]

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