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Treasury official: China ready for currency flexibility
AFX


WASHINGTON (AFX) -- China has made 'sufficient progress' to introduce exchange rate flexibility now, a U.S. Treasury spokesman said Monday following meetings between Chinese and U.S. financial officials. Officials discussed exchange rate policies, central bank open market activities and other subjects for about two and a half hours, spokesman Tony Fratto said. U.S. and Chinese financial officials may meet again as soon as this summer in Beijing, he said.



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Made a nice, early morning 40 short. Now long from 785

[EDIT - way too previous on that long - closed flat - but looking for the turn - always a bit scary - often quite expensive ;( ]

G'morning ten four

Morning choccypops
Just gone long from 770 - hoping for a clean turn - a bit previous I suspect

If that's the case then we've both been a bit previous :)

Could be messy ;)

There's nothing like adding to a good position ;)

Oooooooooh some people ;)

Added, 'cos I think I can see a new way in !!!!

I wish I could say I'm trying it from 69, but I'm afraid it's 72 ;)

[EDIT - I think it's the "bend at the end" ]

Well I wasn't going to say...but it was between 68 and 70 :)

Oi, choccypops (choccypops? Good God) and you, Maggie's ex, this is a serious FX traders' thread, less of the smut and innuendo (MM, from the safety of California).

MM
Hey, man, chill - have one of those hash cookies with your breakfast ;)

Papal Proclamation No 69 (for after the white smoke)

mg XIV

mg: :))

Who me, MM? Chocolate wouldn't melt in my mouth..

Heyy popiepops - you got your order wrong there again :)

choccypops: there's a load of Mumm Napa wine in my office here, several months' deliveries. Party time.

Fill yer boots then!

Absolutely!

Don't fill my boots!

:o)

Cashed in my longs +33 and +31.

Off cross country to Peterborough. Will need napsack, wellies and Pretorian Guard methinks.

Dont you 2 (virtually) drink too much.

hils
Fill yer wellies then !!

Hil: Certainly not. Your boots are alive and well and beside my desk. Alongside the Mumm Napa. Might be fun, though . . .

Thought you'd fallen asleep there already :)
18803 here - looking for a new position though.