Trump’s trade adviser Peter Navarro complains about an unfair competitive advantage for Germany. He has a point, and this has much to do with the internal workings of the eurozone. There are signs some of it might be unwinding, and the ECB might be forced to remove stimulus, which will boost the euro. We think […]
Entries Tagged as 'currencies'
February 25th, 2017 · Comments Off on Germany Is The New China
February 18th, 2017 · Comments Off on Trump Versus The Dollar, Round 2
President Trump has argued that the dollar is too strong, and he does have a point. A strong dollar is bad for US exports and corporate earnings, but there are also other ramifications. The problem is, there doesn’t seem to be much he can do about it. Trump Versus The Dollar, Round 2
January 18th, 2017 · Comments Off on China Throws A Wrench In The Dollar Bull Run
The market overwhelmingly assumes a continuation of a dollar bull-run. And there are indeed sound reasons for that. However, on closer inspection, the rationale might be less solid than meets the eye, and there is ample room for surprises. China Throws A Wrench In The Dollar Bull Run
December 17th, 2016 · Comments Off on A Rampant Dollar Could Crash The World Economy
December 14th, 2016 · Comments Off on China Just Blew Through A Quarter Of Its Foreign Currency Reserves
December 12th, 2016 · Comments Off on Trump Versus The Dollar, Round One
November 3rd, 2016 · Comments Off on Is A Chinese Depreciation Still A Threat To Global Markets?
August 27th, 2016 · Comments Off on The Fed And The Dollar Rule The World
May 11th, 2016 · Comments Off on Should China Simply Devalue?
January 13th, 2016 · Comments Off on Chinese Currency Manipulation? | Seeking Alpha
It is an article of faith in some quarters that China manipulates its currency to gain an unfair advantage. China indeed does ‘manipulate’ its currency in the sense that it intervenes heavily in the foreign exchange markets. However, the objectives and effects are quite different from what those who accuse China of currency manipulation argue. […]