Tag: dollar

A lack of reserve currency alternatives means there won't be a dollar crisis, but the greenback could stay weak throughout 2010 creating profitable trading opportunities. Following suggestions by China's central bank governor for a new world reserve currency, S&P takes a look at why the dollar is so dominant in the first place and what are the ... The Fed's quantitative easing policy sets the stage for liquidity expansion and monetary easing in China, but will also result in lower returns on China's investments in US ... PBOC governor Zhou Xiaochuan suggests a super-sovereign reserve currency to help alleviate China's dependence on the dollar. While the Fed has embarked on an aggressive “quantitative easing” policy, it is not yet printing money and the policy will not lead to inflation in the next two years. Yen movements will remain unpredictable, but further weakening may not be sustainable, says JPMorgan’s FX strategist Tohru Sasaki. Panelists at a Credit Suisse investment conference say the US must reduce consumption and increase savings. By selling Treasury bills to the PBOC and other central banks, the US has turned good money into bad. The effect on global currencies and economies has been enormous. Some strategists believe reports of the greenback’s demise have been much exaggerated. The US dollar remains the world's most accepted currency by most measures. Nobel-prize winning US economist says China should not bow to American pressure to allow its currency to appreciate. Indonesia looking to follow in the success of the Philippines. Mainland property group broadens market access for Chinese credits. Hong Kong property giant brings Singapore''s largest foreign rated bond deal. UBS takes little known Thai steel producer to overseas investors. Trio to launch first international bond since May. Korean policy bank will assess market landscape before launching proposed five-year benchmark deal. Six banks are in the running for Indonesia''s second dollar bond of the year. Why the rating agency expects the US currency to maintain its status and underpin the country''s triple A rating.