Nigeria Central Bank Diversifies Reserves: Sells Dollars, Buys Chinese Yuan
zerohedge.com / by Tyler Durden / 01/28/2014 08:27 -0500 It seems the “dollar is a reserve currency for ever and ever” propaganda has not reached Africa, also known as Southern China as explained here...
View ArticleGold At 4 Month High – Concerns About China Property Bubble Grow
Gold in Euros, 5 Year – (Bloomberg) goldcore.com / By Mark O’Byrne / 25 February 2014 Gold is marginally lower in all currencies today but holding near its strongest level in four months. Concerns...
View ArticleWeek Ahead: Re-Escalation of Tensions to Aid Greenback
marctomarket.com / Marc Chandler / March 9, 2014 Last week, we warned that the two main sources of tension that had arisen, the Russia’s military action in Crimea and the relatively sharp depreciation...
View ArticleThe Chinese Yuan Is Collapsing
zerohedge.com / by Tyler Durden / 03/19/2014 21:57 -0400 The Yuan has weakened over 250 pips in early China trading. Trading at almost 6.22, we are now deeply into the significant-loss-realizing region...
View ArticleDollar Surges, Chinese Yuan Plunges In FOMC Aftermath
zerohedge.com / by Tyler Durden / 03/20/2014 07:16 -0400 In the aftermath of yesterday’s key market event, the FOMC’s $10 billion tapering and elimination of QE with “QualG“, not to mention the “dots”...
View ArticleIt’s On: Gazprom Prepares “Symbolic” Bond Issue In Chinese Yuan
zerohedge.com / by Tyler Durden / 04/10/2014 12:33 -0400 Curious what the fate of the petrodollar is? Look no farther than this Interfax update blasted moments ago by Bloomberg: “Gazprom Considers...
View ArticleChinese Yuan (And Copper) Tumbles As Money Supply Growth Plunges To 13-Year Lows
zerohedge.com / by Tyler Durden / 04/14/2014 22:45 -0400 Today’s ‘bounce’ in US equity markets is not translating into Asian equity market strength as China, India, Indonesia, and Thai stocks are...
View ArticleFutures Creep Toward All Time Highs Again
zerohedge.com / by Tyler Durden / 04/24/2014 07:01 -0400 While events in Ukraine have once again broken out into lethal fighting, and in a surprise development the Chinese Yuan crossed the 6.25 line...
View Article“This Is A Trend”: Increasingly More Russian Companies Set To Drop Dollar,...
zerohedge.com / by Tyler Durden / 06/09/2014 07:52 -0400 As we have been reporting (and forecasting for the past several years), the Eurasian anti-US Dollar axis is rapidly taking shape, with recent...
View ArticleChinese Yuan Surges & Stocks Jump To 2014 Highs After PBOC Unleashes QE
zerohedge.com / by Tyler Durden / 07/31/2014 22:27 -0400 Quietly, and without the drama associated with The Fed and ECB, China unveiled what looks like QE recently (as we discussed in detail here)....
View ArticleChinese Yuan Fix Drops By Most Since End Of QE1, Strongest Since March
zerohedge.com / by Tyler Durden on 11/09/2014 20:53 Following Friday’s notable weakness in USDCNY (the biggest drop in the market rate since March and an abrupt change of recent trend), and trade data...
View ArticleChinese Yuan Becomes One of Top 5 Global Currencies
schiffgold.com / BY MIKE FINGER / JANUARY 29, 2015 The Chinese yuan became one of the top five payment currencies in the world in November, according to the latest data from SWIFT, one of the largest...
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