http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/ This blog goes where few traders dare - the exciting world of Forex outside the dollar! Sun, 22 Apr 2012 16:22:11 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/comment-page-1/#comment-8770 The BRIC Club is Expanding. | syntech finance blog Sun, 09 Jan 2011 20:10:18 +0000 http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/#comment-8770 [...] the Euro, many probab&#108&#121&#32have not noticed the latest development elsewhere.&#32&#84&#104e BRIC club is expanding. Following months of nego&#116&#105&#97tions and arm twisting, South Africa was invited [...] [...] the Euro, many probab&#108&#121&#32have not noticed the latest development elsewhere.&#32&#84&#104e BRIC club is expanding. Following months of nego&#116&#105&#97tions and arm twisting, South Africa was invited [...]

]]> http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/comment-page-1/#comment-8761 The BRIC Club is Expanding. | fxmadness.com Sun, 09 Jan 2011 17:02:20 +0000 http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/#comment-8761 [...] and the pressure on the Euro, many probably have not noticed the latest development elsewhere. The BRIC club is expanding. Following months of negotiations and arm twisting, South Africa was invited to join [...] [...] and the pressure on the Euro, many probably have not noticed the latest development elsewhere. The BRIC club is expanding. Following months of negotiations and arm twisting, South Africa was invited to join [...]

]]> http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/comment-page-1/#comment-2201 admin Mon, 22 Jun 2009 15:49:15 +0000 http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/#comment-2201 It just had a nice plunge, too. Rough going for short term traders. It just had a nice plunge, too. Rough going for short term traders.

]]> http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/comment-page-1/#comment-2198 Heather Mon, 22 Jun 2009 09:24:45 +0000 http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/#comment-2198 gbpchf is making nice gains. If this keeps up 1.80 could be breached soon. gbpchf is making nice gains. If this keeps up 1.80 could be breached soon.

]]> http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/comment-page-1/#comment-2196 admin Mon, 22 Jun 2009 04:22:43 +0000 http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/#comment-2196 Maxim, I'll be gone for about 3 weeks in July. Most likely there will be no posts during this time. Maxim, I’ll be gone for about 3 weeks in July. Most likely there will be no posts during this time.

]]> http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/comment-page-1/#comment-2195 Maxim Mon, 22 Jun 2009 02:59:01 +0000 http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/#comment-2195 You hinted before that you'll be going on vacation. Can you disclose when? Will you be posting during that time? You hinted before that you’ll be going on vacation. Can you disclose when? Will you be posting during that time?

]]> http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/comment-page-1/#comment-2194 Ray Mon, 22 Jun 2009 02:53:43 +0000 http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/#comment-2194 I don't even pay any attention to this dollar doom crap. No questio, us debt is no good for the currency, but there will be no dramatic changes in overnight. Everything takes long time. I don’t even pay any attention to this dollar doom crap. No questio, us debt is no good for the currency, but there will be no dramatic changes in overnight. Everything takes long time.

]]> http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/comment-page-1/#comment-2193 admin Sun, 21 Jun 2009 17:49:02 +0000 http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/#comment-2193 GR, For all the talk about reserve currency, in the end it will not be governments deciding what is or is not one. Markets will decide what is acceptable and what is not as a form of reserve as well as as wealth storage. First anf foremost requierment is ability to easily trade given asset. China may demand that Yuan is treated seriously, but if nobody is willing to take that risk, it makes no difference. GR, For all the talk about reserve currency, in the end it will not be governments deciding what is or is not one. Markets will decide what is acceptable and what is not as a form of reserve as well as as wealth storage. First anf foremost requierment is ability to easily trade given asset. China may demand that Yuan is treated seriously, but if nobody is willing to take that risk, it makes no difference.

]]> http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/comment-page-1/#comment-2192 admin Sun, 21 Jun 2009 17:44:09 +0000 http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/#comment-2192 Jason, you are right, we always paid our debts. We froze some assets(i,e. not paying them) but in general debts have been always paid. Jason, you are right, we always paid our debts. We froze some assets(i,e. not paying them) but in general debts have been always paid.

]]> http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/comment-page-1/#comment-2191 G.R. Sun, 21 Jun 2009 17:12:29 +0000 http://fxmadness.com/2009/06/21/general/currencies-of-emerging-economies/#comment-2191 Yes, that's true for Russia, but China has more legitimate claim to use Yuan more widely. In my mind it would be welcome by some of trade partners. Yes, that’s true for Russia, but China has more legitimate claim to use Yuan more widely. In my mind it would be welcome by some of trade partners.

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