03.05.2016 - The US just dropped the hammer on currency manipulation
The U.S. government is sending a message to countries it believes are manipulating their currencies: We're watching you. A Treasury report targets five countries in particular: China, Japan, Korea, Taiwan and Germany. Each meets at least two of the three criteria that "determine whether an economy may be pursuing foreign exchange policies that could give it an unfair competitive advantage against the United States." At a time when currency devaluation has become a major tool used by multiple countries to stimulate growth, the U.S. is looking to protect its own interests...............................................Full Article: Source
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