Friday, March 04, 2005

Forward Rates: ForEx
Something of interest at the Economist...
First off, you'll notice that the Yuan is going to appreciate. What are the economists going off of? China just announced it will allow the Renmimbi to float, ya'll. Pegged no more.

Secondly, you'll notice that most currencies will appreciate heavily in the next few months against the US, only to lose some value later next year. Fill in your own currency speculation ideas here.

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