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A Rising Dollar and Cooling China Will Pop the Commodities Bubble

by | Jan 6, 2011 | Towing

The dollar is looking mighty attractive, thanks to a reviving U.S. economy and eurozone woes, and it will only get stronger as traders who gambled that it would fall buy dollars to unwind their bad bets. Add in China’s desperat…

Yuan Hits High Against U.S. Dollar as China Bumps Exchange Rate Peg

by | Sep 13, 2010 | Towing

The Chinese yuan hit a post-revaluation high against the dollar Monday after the People’s Bank of China set the yuan’s reference rate for trading at its highest level since the central bank began publishing the daily fix in 199…

Yuan Hits High Vs. U.S. Dollar as China Bumps Exchange Rate Peg

by | Sep 13, 2010 | Towing

The Chinese yuan hit a post-revaluation high against the dollar Monday after the People’s Bank of China set the yuan’s reference rate for trading at its highest level since the central bank began publishing the daily fix in 199…

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