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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
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catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Sep 10, 2010 20:13
well not force but leave them no option but intervention.
It is speculative however it is a way for PBOC to dump currency reserves without creating turmoil in fx and bond markets.
Qingyu
manchester, UK
Posts: 1763
14 years ago
Sep 10, 2010 19:50
sorry, cheap
Qingyu
manchester, UK
Posts: 1763
14 years ago
Sep 10, 2010 19:50
i do not think china can force any cbs...

and today japan prime minister said european make their currency cheep...

i am totally no idea about what is going on...
Qingyu
manchester, UK
Posts: 1763
14 years ago
Sep 10, 2010 19:45
i should short gold with you, cat. but i think now is too late to entry...
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Sep 10, 2010 19:43
What I mean is the PBOC may force other CBs to fill their fx reserves up with currencies the PBOC doesn't want to own in large amounts ...USD EUR... thus the currency system ist not too much affected at first ...
Qingyu
manchester, UK
Posts: 1763
14 years ago
Sep 10, 2010 19:43
china is already buying JPY, but japan not happy with that...others think china only buy a small amount JPY (3.* b)

news by FT
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Sep 10, 2010 19:37
Its a mere speculation they may force other CBs amongst these SNB to fx intervention to avoid uncontrollable appreciation ... and I think SNB is a good european candidate as Norway has
already bought PIGS bonds
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
Sep 10, 2010 19:29
CAT,

Could you explain your interesting point of view that chinese could buy chf ?
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
Sep 10, 2010 19:04
if they do that usd could bounce
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Sep 10, 2010 19:01
If PBOC hikes it is advisable to go short on stocks oil and industry metals don't know about effect on gold
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