China Lifts Lid on Yuan; Euro Still Looks to Languish
By Stuart Kaufman • Jun 22nd, 2010 • Category: Book Reviews, Broker Commentary, MF Global in the News, Market Updates, Webinarsby Stuart Kaufman Stocks and commodities rallied early Monday, June 21, on the news that China’s currency, which was viewed as undervalued versus the U.S. dollar, would be allowed to rise. The euro currency initially got a boost, but I think the news won’t outweigh the debt problems in the Eurozone. Natural gas, on the [...]
