Archive for March 6th, 2010
Chinese Yuan Still Pegged, and US Treasury Purchases Continue – 2121th Edition
It’s still anyone’s guess as to if and when China will allow the Yuan (RMB) to continue appreciating. You can see from the chart below – which shows the trading history for the RMB/USD December 2010 futures contract – that expectations of revaluation have eroded steadily since December 2009. At that time, it was projected [...]
