Tag Archives: foreign currency trading

China Drop Drags Down Oil Prices – Americans Rejoice

Anytime oil prices dip it’s good news for Americans. With prices expected to rise to over $4 per gallon this year it’s nice to get some relief. China had much lower manufacturing numbers than expected which sent oil prices down … Continue reading

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China Continues Push For Yuan Settlements

The Chinese are continuing the charge to get their currency the Yuan or Renminbi as its called locally, to be used to pay for international trading debts. This could pose a threat or at least change to the US dollar … Continue reading

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European Problems Both Financial and Political

You’re probably well aware of the problems the Euro faces. It’s been absolutely torched by bloated debt in all the European Union countries (except financially responsible Germany). France was even downgraded last week from AAA to AA+ credit worthiness credit … Continue reading

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