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Nicole Hong
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32 followers
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The euro, once synonymous with crisis and collapse, is about to become the world's top performing currency against the U.S. dollar for the first time in its 14-year existence

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China's yuan is now the second most widely used currency in trade finance deals, surpassing the yen and euro. But don't get too excited: a lot of it could be savvy Chinese companies trying to get around the government's capital controls. My story in today's WSJ:

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China's new one-child policy = more babies = more demand for imported New Zealand milk = good news for the New Zealand dollar 

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All the economic uncertainty in the U.S. is helping a currency that was once seen as the world's basket case: the euro. Our story in tomorrow's WSJ:
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