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China Signals That It May Allow Currency to Rise Against Dollar
China sent its clearest signal yet that it was ready to allow yuan appreciation after an 18-month hiatus, saying on Wednesday it would consider major currencies, not just the dollar, in guiding the exchange rate.
Submitted by
etfguy
11/11/2009
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etfguy
11/11/2009
etfguy is playing it
CNY
Long
2.03%
CYB
Long
0.46%
I am playing this headline with (CNY CYB). What do you think of my plays?
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