Posts Tagged ‘The euro-dollar’
The dollar is weakened by the action of China
February 24th, 2010
The distrust of the U.S. currency emerges again. This time, it was China who spoke on the dollar, but contrary to what Russia did last week, l as statements of the Central Bank of China brought down the price of it.
Just a few words were enough to revive doubts about the role of the greenback as a safe haven to restore the dollar to the red. (more...)Tags: currency, the dollar, The euro-dollar, The People's Bank