China Still Finding Ways to Gain Wider Renminbi Distribution
Posted on December 06, 2011 at 11:49 AM EST
Yesterday, I told you the currencies were range trading, with the euro (EUR) better bid, after Friday’s Jobs Jamboree crock… Well, about mid-morning, we received word that German Chancellor, Angela Merkel, and French President Sarkozy, had reached an agreement on how to handle rogue Eurozone members going forward. They ironed out a new Eurozone Treaty, [...] China Still Finding Ways to Gain Wider Renminbi Distribution originally appeared in the Daily Reckoning . The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.