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That's a tricky one... Since the chinese currency is bind to USD, china is keeping USD so "high" at the moment and USD keeps the chinese down. That fits for china. Basically high oil price (they trade it in USD) is pushing USD down. Theoretically, if OPEC would start to trade oil in Euros (as Iran have suggested), could up the USD value, but in the other hand, decreased trade would have negative effect.
I don't see significant raise in USD value in the near future, at least not before US takes its troops back from middle-east.



Ei Kiinasti.

Eikä Japanisti.

Vaan pannaan jalalla koreasti.

 

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