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China Calls for a New Global Reserve Currency

China is ready for a new Bretton Woods. But this time, instead of being elevated by a global monetary agreement, the U.S. dollar would be supplanted.[...] read more »
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Yuan To Move Toward Flexibility on Currency Market

Chinese Premier Wen Jiabao is planning to allow the yuan to increase in flexibility on the currency market, according to state-run CCTV. read more »
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Wen Jiabao Promises that the Yuan will Soon be More Flexible

Chinese Premier Wen Jiabao has promised US President Barack Obama that the yuan will soon have more flexibility on the currency market. read more »
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China Pledges to Move Currency Closer to Market Float

China vows to take steps (albeit gradual steps) toward a free-floating currency. read more »
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Does the U.S. Seriously Think It Can Force China to Do Anything?

The U.S. and other nations are ready to talk tough on Chinese yuan appreciation. But, really, China is in the position of power. read more »
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China Cuts Reserve Requirement

While the rest of the world was focusing on the major central banks' decision to increase dollar liquidity through swaps, China was quietly cutting [...] read more »
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Could Yuan Weakness Hurt Euro Zone Economic Recovery?

Asian currencies, including the yuan, are being held back from appreciation on the forex market. This could slow euro zone economic recovery. read more »
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Another Nail in the Coffin for the Dollar

Now that China has allowed its currency to fluctuate, it is pretty clear that it will strengthen against the dollar. Here's what it means for us and[...] read more »
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China Revalues the Yuan

China has decided to allow the yuan to move higher against the U.S. dollar -- and Chinese officials are pledging more flexibility moving forward. read more »
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Will China Drop Its U.S. Dollar Peg?

The Chinese indicate that they are considering moving from a dollar peg to a managed float. read more »
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Will We See Yuan Appreciation?

Chinese inflation is picking up. But will the Chinese really clamp down before the U.S. is more active in the global economic recovery? And if China [...] read more »
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China Allows Yuan Appreciate, Can It Do So?

The Chinese yuan appreciated today on the speculation that China will allow its currency to strengthen ahead of the President’s Hu Jintao visit to th[...] read more »
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More Reason to See Dollar Weakness in the Future

The U.S. dollar looks a little weaker on some fundamentals, and the latest move by China could mean more weakness in the future. read more »
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Yuan Appreciation Continues, May Persist in Next Year

The Chinese yuan appreciated today as the macroeconomic data signaled about the worldwide economic growth and after the central bank set the daily re[...] read more »
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Will the Yuan Appreciate on the FX Market?

Chinese official says that yuan may be allowed to appreciate as part of the effort to stave off inflation in China. read more »
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