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China’s Dollar Exodus
China, and now Brazil, are trying to further insulate themselves from the U.S. dollar.

by Vadim Pokhlebkin
5/21/2009 12:45:00 PM

Rumors about replacing the U.S. dollar as the world's reserve currency continue. Read these thoughts by Chris Carolan, the editor of Elliott Wave International's Sunday-Tuesday-Thursday Asian-Pacific Short Term Update.

Filed Under: china, yuan, brazil real, u.s. dollar, reserve currency, currency swaps
Category: Asian Markets


U.S. Dollar, Yuan and the New Reserve Currency
Chinese are making small moves to get more and more insulation from the dollar.

by Vadim Pokhlebkin
4/2/2009 10:00:00 AM

There has been a lot of talk lately about replacing the U.S. dollar as the world's reserve currency. Read these thoughts on this and another hot subject -- China's dependence on the dollar -- by Chris Carolan, the editor of Elliott Wave International's Sunday-Tuesday-Thursday Asian-Pacific Short Term Update.

Filed Under: china, yuan, dollar, reserve currency
Category: Asian Markets


The Year of the Ox
China “spinning top” is losing momentum.

by Bill Fox, Senior Bonds Analyst
3/17/2009 5:00:00 PM

You may know that 2009 is the Chinese Year of the Ox. But I bet you didn’t know this: Each Chinese New Year is marked on the second new moon following the winter solstice. Trivia? Yes. Trivial? No. There is so much that we in the U.S. don’t know about China, yet we coexist with this country in a most unlikely symbiotic relationship....

Filed Under: china, Treasuries, debt, deflation, yuan, dollar
Category: Economy


Watch Bob Prechter's interview on CNBC Wednesday, Nov. 4. Bob discusses the current juncture, Conquer the Crash II and more.
Robert Prechter on CNBC
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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.