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China unexpectedly set the yuan weaker against the dollar this morning, temporarily dragging...

  • Thursday, January 5, 2012, 3:42 AM ET
    China unexpectedly set the yuan weaker against the dollar this morning, temporarily dragging down currencies in the region. The dollar/yuan central parity was set at 6.3115, significantly above yesterday's all-time low of 6.3001.
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  •  
    smart guys always looking at arbitrage...more dollar inflow...higher dollar savings....better purchasing from Europe....in the money
    5 Jan 2012, 09:33 AM Reply Like
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