Don't Ignore China's Yuan Liberalization
What do you do when you're the world's second-largest economy and your growth is faltering? Internationalize your currency to encourage more foreign capital to pour into your markets. But try to do it under the radar, so as not to raise expectations …
Read more on TheStreet.com
US multinationals set to face currency pain
Dollar moves of this magnitude in the past have resulted in what Bank of America/Merrill Lynch strategists term an “earnings recession,” which is generally defined as at least two successive quarters of declining earnings from the year-earlier quarters …
Read more on Buenos Aires Herald
Exchange rates: Transatlantic divergence
Exchange rates: Transatlantic divergence … to economies from widespread “competitive easing” by central banks “needs to be balanced with the risk that such large currency swings get out of control, creating so much volatility that it impacts on world …
Read more on Financial Times
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