currencies

http://finance.yahoo.com/news/China-official-dollar-apf-1263355013.html?x=0&sec=topStories&pos=6&asset=&ccode= Never mind that the a falling USD would only impact the price of commodities in China if their currency is pinned to the USD... (edit: to a first approximation, anyway)

EU Officials Concerned about Weak Pound So, with respect to all currencies other than the euro, the position of those EU officials is that they want those currencies to be stronger, not weaker. Gordon Brown thinks it is good that the pound is weak. The Japanese and the Chinese want their...

What goes down (as far as real exchange rates are concerned) usually eventually comes back up. :) (OK--so it has a long way to go yet . . .) PS--there was an exception: In economic news: Also