A euphamism on AnalystForum for both a misguided and illthought-out Macro economic projection expressed via the use of unintelligible English. As defined by Cinton's discussion of a profitable trading strategy of Renminbi/ dollar futures and a Renminbi de-pegging.
Now is fries the Chinese dollar (RMB) rise value to be best time several!
Because China Gov’t decided not to increase interest rate although USA rise the int.rate.
Now have massively to buy up the Chinese dollar (RMB), again buys the forward Chinese dollare (RMB) rise value.
Then, you will earn money
The American rise interest 0.25%,
Next time, FOMC meeting on August 04, I believed the USA Congress will rise interest 0.25% again,
The insufficient two months, totaled again added 0.5% int.rate
Because the Renminbi is with US dollar suspension hook,
at the appointed time the Chinese government not possibly again not to rise the interest rate., the Chinese government interest on futures pressure can be very big
Because the Chinese dollar (RMB) is with US dollar suspension hook,
US dollar policy, the Chinese dollar (RMB) is certainly needs to follow,
Because the Chinese government official is the non- economic knowledge,
therefore speech China certainly not to rise the interest rate, they really are extremely stupid, only if the RMB different US dollar suspension hook, then China can not to rise the interest rate.
The RMB is with US dollar suspension hook, China not possibly does not follow the American interest on futures, the monetary policy is not at the China side.
Yesterday (30 June 04) the Renminbi had the little rise