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MoneyTec 2.0 - Online Forex Traders & Brokers Social Networking Community » Trading Talk » Fundamental Trading » Markets key events » EU and CHINA trade
Markets key events Members report, discuss present and upcoming key events that will effect the markets.

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Old 03-16-04, 12:48 PM
SeanB's Avatar SeanB SeanB is offline
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EU and CHINA trade
Read news of the EU and China creating better trade for each other etc.

How is this going to effect the to currencies and if it does which ones would be the most effected. Would China's exports possibly grow faster than EU's with each other then, benefiting China?

Just wondering here and interested in your comments and views on it.

SeanB
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Old 03-23-04, 05:10 PM
mishak's Avatar mishak mishak is offline
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Chinese yuan is pegged near 8.28 and will stay so for some time.
The Euro is becoming the second global currency - so uptrend in the long term.
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