Anthony Rayner: Are currency wars a natural progression from trade wars?

Currency devaluation

Anthony Rayner: "A key question is the degree to which the US authorities will allow the US dollar to strengthen from here."
Anthony Rayner: "A key question is the degree to which the US authorities will allow the US dollar to strengthen from here."
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It is by no means a foregone conclusion any currency wars will take place but, fears Anthony Rayner, markets may be a little too complacent - as they have been over other policy developments such as QE and trade wars

In response to recent US announcement on new tariffs, the Chinese authorities allowed the renminbi to weaken above the symbolic 7, versus the US dollar. In turn, this led the US to label the Chinese as...

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