On the rational side, USD/CNH barely flinched on the news release, possibly caused by the entire world is focusing on this week's NFP and highly probable rate-hike, that or the basket inclusion won't initiate till later half of 2016. It was quite ...

Yuan inclusion in SDR and impact on USD

Apparently, the world had been sucked into a swirl of insanity now that a single-party dictatorship where the internet is censored, GDPs are fueled primarily by housing bubble & infrastructure development, food scandals are prevalent, its state does ...

Yuan inclusion in SDR and impact on USD

By Greg Robb Published November 30, 2015 MarketWatch Pulse WASHINGTON – The International Monetary Fund voted Monday to include China's currency in the basket of currencies that make up the international agency's Special Drawing Rights (SDR). The ...

Yuan inclusion in SDR and impact on USD

Duely noted. So devaluation is the " devaluation and revaluation are official changes in the value of a country's currency relative to other currencies, under a fixed exchange rate system", while under a float exchange rate system official ...

Yuan inclusion in SDR and impact on USD

triphop- "Devaluation rather than rate cut" looks a bit confusing. What method of devaluation? True, from a corporation or venture capitalist's standpoint China still represents one of the most lucrative opportinities, especially for retail/services ...

Yuan inclusion in SDR and impact on USD

P.S. About the reserves. Are those bubbleheaded officials in china really capable of wielding their reserves as shield when the attacks come? Further Reading "Effective Officials in 2nd Larget Economy in the Wolrd" url

Yuan inclusion in SDR and impact on USD

Yeoman- Very much so. I was thinking exactly the same thing: extreme economic disturbance forces political powers to "reshuffle the deck", so to speak. Since the most recent financial crises, central banks around the world had been quite creative, ...

Yuan inclusion in SDR and impact on USD

triphop- The further devaluation you suggested already happened on Oct. 24th when PBOC announced yet another rate cut , and it was the FIFTH time, you heard that right, fifth time within one year period of 2015!!! (Desperate?) I agree with you in ...

Yuan inclusion in SDR and impact on USD

Very thorough; I wasn't thinking we'd all go back to stone age after a hypothetical yet very probable crisis, but your answer makes sense. Regarding the likelihood of how things would go down , my internal probability cruncher spits out the ...

Yuan inclusion in SDR and impact on USD

Great Question. I've been following the fudamentals for China's economy for quite sometime, done my research, posted an article about shorting the Shanghai Stock Composite right before its inevitable crash pinpointing to 4841 back in June, so I ...

Yuan inclusion in SDR and impact on USD

Trading any of the currency pairs outright without a second leg?

Toughest Currency Pairs To Trade

Well with Noise-Cancelling headphones, I'd immerse myself in the music of SILENCE.

What kind of music you hear while you trade?

Quite Intriguing. Why would they give away a profitable system with super-mega return for free? Most of the systems posted online are half-cook to say the least.

what if every free system is attached to a trading explorer?