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MarketWatch: A Currency War is Coming


We’re on the cusp of an outright currency war — something that the Brazilians first warned about in 2010 — as central banks in all the major economies actively work to weaken their currencies to boost exports, their economies, and keep pushing inflation higher.

While headlines remain focused on the simmering conflict in Ukraine, the real battle is about to break out in the foreign-exchange market as countries battle, not for supremacy, but in a race to the bottom.

What has changed is that both China and Europe are quickly moving to weaken their currencies in an effort to support growth.


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RMB - USD has gone from 6.04 to 6.17

in 4 months. Makes you think, as bad as the Fed is printing, China is out-printing them at the moment.