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Currencies: China is clandestinely widening the yuan-dollar float

"Currency experts are now expecting a gradual 10% increase of the yuan over the dollar throughout 2008." — J. Christoph Amberger by J. Christoph Amberger  Baltimore — (TFN): China may be in the process of clandestinely floating the yuan within a far wider margin than last year. Within the last couple of days — which were [...]

Dollar Decline: Canadians are flooding across the U.S. border this holiday shopping season.

“Funny how a lower currency exchange rate translates into higher competitiveness in a global economy.” — J. Christoph Amberger TFN Baltimore — (TFN): Canadians are pouring across the border to take advantage of the strong Canadian dollar, lower sales taxes, and the fact that Canadian retailers have kept their prices artificially high from the days when [...]

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