EU worried about weakening USD and Yuan

European Union (EU) concerned the weakening United States dollar (USD) and the yuan would reduce Europe’s comparative advantage goods. This week the euro climbed while U.S. and the yuan’s dollar fell. EU President Jean Claud Juncker, European Central Bank Governor (ECB) Jean-Claude Trichet, and the Commissioner of Economic and Monetary Policy Joaquin Almunia, the EU [...]

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