Yuan Watch

[dumbass]

A friend of mine asked me about my thoughts for the nzd against the yuan.
i dont even have the yuan (cny) on metastock or saxotrader.
any thoughts at all appreciated.

[arco]

A friend of mine asked me about my thoughts for the nzd against the yuan.
i dont even have the yuan (cny) on metastock or saxotrader.
any thoughts at all appreciated.

Cant offer any thoughts on NZD.CNY but if it helps you can see a chart on Oanda of USD.CNY

arco

[777]

http://www.nzforex.co.nz/cgi-bin/convert.asp

There is a graph selection in the centre of the table.

Firstly do the conversion then graph icon displays.

[arco]

'China recently established a $95 billion currency swap with other Southeast Asian countries, and a $10 billion currency swap with Argentina. It is the first major Yuan swap agreement with a Latin American country — and directly threatens the US dollar south of the border.

Its goal: To aggressively take its Yuan to the next sphere of influence in the currency markets, forcing a worldwide monetary change'

Larry Edelson

[peat]

Issuing yuan bonds now too....



BEIJING, Sept 8 (Reuters) - China's finance ministry will issue 6 billion yuan ($878 million) in yuan-denominated bonds in Hong Kong, its first such issue and a key step in the gradual internationalisation of the Chinese currency.

http://www.reuters.com/article/rbssF...K9879920090908