Author: prime0421

China raise interest rates the Dollar rallies? [Copy link] 中文

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Post time 2010-10-20 08:42:59 |Display all floors
Originally posted by ThankoPan at 2010-10-20 07:05
.

It has temporarily stem the speculative hot money to this part of the World.

Hedge fund shyte money are avoiding Europe presently.

No where to go but the US - temporarily!



Also, with China wanting to slow down, commodity prices will fall.

The USD tend to move in the opposite direction to commodity prices.

So Australian, Canadian, South Africa and Brazilian currencies may retreat.

I hope the Yen will reverse too.


My company is having a tough time exporting to the cheap USD.

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Post time 2010-10-20 10:58:34 |Display all floors

Reply #2 ThankoPan's post

It's good timing to "dampened the speculative" commodity enviroment!

Good Show, China!

cheerios!

Green DRagon
Game Master

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Post time 2010-10-21 13:12:23 |Display all floors
this is a well thought out opening move in the currency warz to come

however, it suspiciously occurs at the precise time that the Fed were to meet.

It was widely anticipated that the Fed would announce "QE2", a further round of monetary debasement.

By taking the initiative, China has allowed the USD to weaken but also given itself the power to purchase commdoities more cheaply

China sees the danger in its overheated realestate market

However the increase in interest rate was only 25 basis points - just a tiny pinch

So, the material effect is not great

The effect on market psychology may be greater and therefore, the move potentially offers "bang for buck", albeit a modest change

[ Last edited by lebeast at 2010-10-21 02:43 PM ]
(beast ex machina)

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Post time 2010-10-21 13:33:31 |Display all floors

Reply #10 lebeast's post

Jesus!

I am now "acting out" the "genre of the movie - The Other Guy" - it's very funny, it had the actor, actress SPEAK OUT what people normally think inside their heads when "seeing something they didn't like in another"!

ha ha ha

It's a VERY FUNNY SHOW!

But, let's get serious, using that methods......

IT'S NOT JUST CURRENCY WAR, it links up to a whole lot of other matters!

ha ha ha

cheerios!

Green DRagon
Game Master

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Post time 2010-10-21 13:53:18 |Display all floors
Originally posted by greendragon at 2010-10-21 15:03
Jesus!

I am now "acting out" the "genre of the movie - The Other Guy" - it's very funny, it had the actor, actress SPEAK OUT what people normally think inside their heads whe ...


I've only seen the trailer, Mr Greendragon

On this recommendation, I will see if it is available to rent this weekend :)

We all know that the end game is the politicaly insurmountable problem of a finite world and an economy based on the exponential function.

Politics and financiers offer no solutions, just more headaches, a fool's paradise

The solutions rest in science and the humanities
(beast ex machina)

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Post time 2010-10-22 07:33:36 |Display all floors
Other things I don't,but what i know is the house loan is raising.555....

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Post time 2010-10-24 13:10:42 |Display all floors
Old ways

Hope china can change the situation from the source,not just raise the interest rates or normal things.These only can deal with the face problem and will face the same problem minutes later.

Should not to limit people to buy house,should limit the house er.If house er who has more than one property,she should hand in much more to government which can reduce the distance between different people in China.

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