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View Full Version : Yuan Top Forecaster Wells Fargo Says Buy Forwards on Currency Before Rally - Bloomber



NewsWhore
07-06-2010, 11:50 AM
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Yuan Top Forecaster Wells Fargo Says Buy Forwards on Currency Before Rally (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEn0c_xF2LCc1nm_xvjAJWL_Wnzfg&url=http://www.bloomberg.com/news/2010-07-06/yuan-top-forecaster-wells-fargo-says-buy-forwards-on-currency-before-rally.html)
Bloomberg
The contracts, settled in dollars, allow traders to bet on the currency&#39;s direction without access to it. â??There&#39;s a buying opportunity in the NDFs,â?? said ...

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