Home > May, 2009

China Backs Off Currency Intervention

Archived in the category: Forex International News
Posted by admin on 01 May 09 - Comments Off

Early on in Treasury Secretary Timothy Geithner’s tenure, he piqued the attention of online forex traders when he suggested that China was manipulating the yuan. However, it now appears that Geithner has revised his previous attitude and no longer claims evidence of yuan manipulation. Those who follow online forex trading have wondered if this is [...]