Tue, Aug 4, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies more

Currency wars, trading $ driver, forecasts 2013

Posted on 27 November 2012

Since September, the Currency Wars have escalated. It isn’t just because of the seminal monetary events of the Federal Reserve’s QE III “unlimited” and the ECB’s OMT “Uncapped”. It is highly likely, more about the fact that China announced its eleventh agreement that effectively bypasses using the US dollar with China’s strategic trading partners.
The latest agreement with Russia places trading oil, in non-US dollars, into the spotlight. The infamous petrodollar has had its destructive profile raised………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 41730 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
August 2015
S M T W T F S
« Jul    
 1
2345678
9101112131415
16171819202122
23242526272829
3031