Global Currency Wars – In The Trenches
Hunker down.
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Category: FX
Turkey’s Captive Central Bank Delivers Another Large Rate Cut For Erdogan
It still won’t be enough for the autocrat, though.
China’s Black Swan Yuan Fixes Are The Market’s New Plunge Protection
That, the bank marveled, “is a 6 standard deviation move”.
Argentina Imposes Currency Controls As End Game Beckons
And the crisis worsens.
One Bank’s Clients Complain ‘The Sheer Volume’ Of Tweets Makes It Impossible To Hold Positions
In other words, forecasting the next turn is impossible.
A Critical Week Looms For The US Economy, With Special Emphasis On Friday
Another frantic Friday in the cards?
What’s Behind Friday’s ‘Crazy’ Euro Collapse
Lots of things, probably.
Mnuchin Says US Won’t Intervene To Weaken Dollar – For Now
Not today, but who knows, right?
