INSTANT VIEW 3-U.S. labels Switzerland, Vietnam currency manipulators

INSTANT VIEW 3-U.S. labels Switzerland, Vietnam currency manipulators

December 16, 2020

“There’s been a shift in part because … there’s a greater acceptance of flexible exchange rates.” KARL SCHAMOTTA, CHIEF MARKET STRATEGIST, CAMBRIDGE GLOBAL PAYMENTS, TORONTO

“The U.S. speaks loudly, but carries a small stick when it comes to currency manipulation. Markets generally consider the list of approved sanctions to be toothless, and no serious proposals to apply capital controls or engage in counter-intervention have made it through Congress.”

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