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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...

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Gold 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...

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Week 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...

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The 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...

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Dollar 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”...

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It’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...

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Chinese 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...

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Futures 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...

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“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...

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Chinese 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)....

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Chinese 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...

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Chinese 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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