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  • U.S. Designates Switzerland, Vietnam as Currency Manipulators

    From bnnbloomberg.ca

    The U.S. Treasury Department designated Switzerland and Vietnam as currency manipulators in the Trump administration’s final foreign-exchange policy report. The agency stopped short of labeling China a currency manipulator and instead kept the world’s second-largest economy on a watchlist. The Treasury urged China to “improve transparency” in its currency management, especially of its central bank’s relationship with state-owned banks. “Treasury will follow up on its findings with respect to Vietnam and Switzerland to work toward eliminating practices that create unfair advantages for foreign ... (full story)

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  • Dec 16, 2020 9:38am Dec 16, 2020 9:38am
  •  OnlineAddict
  • Joined May 2014 | Status: Veteran | 2,444 Comments | Invisible
Who made the U.S. Treasury the world police? Didn't this "regulators" do enough damage to the whole world in 2008?
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  • Dec 16, 2020 9:44am Dec 16, 2020 9:44am
  •  fxsport
  • Joined Jul 2007 | Status: Member | 1,929 Comments
Ok can we have a discussion on what constitutes manipulation?

I "think" that everyone can agree that negative interest rates are manipulative - hence the Swiss franc.

But what about twitter? How about all these officials who tweet about Brexit, or tweet about stimulus is one...stimulus is off....

What constitutes manipulation?

Second part - what is the consequences of manipulation?

Thought?

Oh and before anyone else mentions it, yes by "my definition" on the biggest manipulators would have been the King of tweets - Trump; at least the forex market won't have to worry about him much longer.
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  • Posted: Dec 16, 2020 9:35am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 2  /  Views: 857
  • Linked event:
    USD Treasury Currency Report
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