Tag: chinese yuan
An Epic Battle Is Brewing Over The Yuan
For some time now, China’s been working to turn their currency, the Yuan, into a global reserve currency. Their reasoning is fairly straightforward… they’d like to stop using the US Dollar for global transactions. China’s already taking steps to achieve their lofty goal. The most important step they’ve taken is “un-pegging” the Yuan from the […]
China Yuan – Trading the Chinese Currency
Every day I watch currency markets… it’s what I do. Nothing is more exciting than finding an undervalued currency. The country’s economy might be heating up and the economic news is turning positive. Before long, the currency jumps in value… and big gains can be had by nimble traders. Remember, news and economic data are […]
