Category: Currency

A Market Lesson on Leverage

Long a favorite tool by the investment community to juice up returns, financial leverage works both ways. The consequence of a leveraged bet gone wrong can be existential, as the latest lesson on currency trading demonstrates once again.

January 18, 2015

Chinese steps to turn RMB into world reserve currency

In an orchestrated step to make its RMB a world reserve currency, China uses the recent U.S. foreign policies and domestic events to call for a new world order and reserve currency.

October 14, 2013