Strong upward pressure has emerged since then, but much of this may be speculative.

自从那时以来，人民币面临很强的升值压力，当然大部分可能具有投机性。

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"What you have here is speculative pressure, " said Brad Hintz of Sanford C.

FORBES: Market Scan

Yet the analogy with Argentina might have been closer still had Italy retained the lira, and thus been subject to the same sort of speculative pressure that eventually broke Argentina's link to the dollar.

ECONOMIST: The search for scapegoats | The

Neither peg has recently come under speculative pressure.

ECONOMIST: Central Europe