A year ago the talk of the town was how governments would abandon the US dollar in favor of Euros and this would be the death of the dollar. At that time China denied speculation it was diversifying out of the dollar. Look at how things change. Now China denies speculation is it diversifying out of Euros. Please consider China Euro Policy Denial Prompts Detection of Changes.The euro weakened 2.4 percent against the dollar last week even after China’s State Administration of Foreign Exchange, …

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China Denies Speculation about Diversifying from Euros; Oil in Euros Revisited; No Good Currency Choice Except Gold