Thread: Latest news on the Dong!

Originally Posted by livefree

Well, should we write the Dong off?

No livefree. Wait. This could be one of their tricks, like China and the Yen. Nidya

Gerald Celente "Europe is Next. We are on the doorstep of the first great war of the 21st century"
Forward to 7:15.

Originally Posted by audrey.olafson

Beware the Ides of March. If Asian central banks initiate interest rate hikes in March and western central banks lag behind...Let's just say we have a perfect storm approaches for the Euro and the Dollar.
South Korea Keeps Rates on Hold, but March Raise Seen
http://www.cnbc.com/id/41522621

Greenback Armageddon Ahead?

Well, will Asian central banks initiate interest rate hikes in March?

Russia imposes first rate hike since crisis
http://www.google.com/hostednews/afp...5569202a6df.71

Originally Posted by Tutov

Well, will Asian central banks initiate interest rate hikes in March?

Interest rate hikes and raising bank reserve ratios will attract even more speculator's money into the region. Just delaying the inevitable currency revaluation..
China central bank adviser calls for interest rate hikes
http://news.yahoo.com/s/nm/20110219/..._economy_rates

China Raises Bank Reserve Ratios to Counter Inflation
http://www.businessweek.com/news/201...inflation.html

Asian Currencies Advance for Third Day, led by Ringgit, as Oil Stabilizes
http://www.bloomberg.com/news/2011-0...tabilizes.html

If end of QE 2 comes to fruition, look for USD to rebound (appreciate) vs currencies in the US Dollar index, while depreciates vs other pegged currencies (yuan, dinar, riyal, I am no sure about the dong though.) Look luck everyone..fingers crossed..
End of QE2 Will be Good for Asia: Expert
http://www.cnbc.com/id/15840232?video=1865137496&play=1

Airtime: Thurs. Mar. 31 2011 | 7:05 PM ET
Eddie Tam, CIO at Central Asset Investments says the end of QE2 will help ease global inflation and thus help Asian markets. He also discusses the outlook for Japan and tech stock recommendations.

Dollar Devaluation around May 16 ?

GEITHNER: The Government Will Slam Into The Debt Limit On May 16

http://www.businessinsider.com/geith...t-limit-2011-4

Impact of Rising Oil Prices on Asian Currencies
TUE 12 APR 11 | 10:05 PM ET
http://video.cnbc.com/gallery/?video=1880687192
Johanna Chua, chief economist, Asia Pacific at Citi, believes Asian central banks may mitigate rising fuel prices by allowing their currencies to appreciate.