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Will Currency Wars Move the US Dollar after Trade War Concerns?

Annie Gilroy
Will Currency Wars Move the US Dollar after Trade War Concerns?

Yesterday, Donald Trump accused Russia and China of devaluing their currencies. Trump tweeted that China and Russia are playing “the currency devaluation game as the U.S. keeps raising interest rates. Not acceptable!” Investors should note that this is a contradiction of the US Treasury, which had maintained that no major trading partners are manipulating their currencies.