21.03.2016 - Currency wars, the Aussie and ECB strategy
Competitive monetary easing, or the so-called currency wars, remains the most-watched market theme at the moment, and that will not change this week. Revived by talk of an unofficial agreement among central banks and finance ministers at last month's G20 meetings in Shanghai, the idea of a global move to stop the US dollar from strengthening too much is gaining some currency among commentators. A strong greenback might not only derail the US recovery, but could also prove disastrous to emerging markets already grappling with weak commodity prices and all manner of structural and political challenges...............................................Full Article: Source
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