Rumour is brewing that China may allow her Yuan to appreciate? As reported, Xia Bin,an officer from PBOC, HINTING that China may review her monetary regulation, due to her much stronger CPI, may even appreciate in the near Future.(by 15 ,May, 2010?)
This implication ,if true, will have a strong impact not only on Asia , but both US and the battled Euro !! As TRADERS like us, all must be awake Now and pay great attention on this possibility.
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Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)
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