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Daytr I wouldn't predict the death of the US dollar (and the...

  1. timber1956
    7,423 Posts.
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    30/09/14
    07:53
    Post #: 14046523
    Daytr

    I wouldn't predict the death of the US dollar (and the triumph of gold) on the basis of this story. Sensible price makers in Euro-Yuan back out their flows into the more liquid Euro-USD and Yuan-USD. The Euro-Yuan market depends on the US dollar.
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    lightbulb Created with Sketch.  Great analysis
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