An important article that explains why currency interventions almost never work. (alephblog.com)
«The odds of currency intervention within the next year are higher than a rate hike,» Mr. Lavoie said. (butlermortgage.ca)
Mr. Gagnon says that the $ 1 trillion a year spent on currency intervention by countries such as China, Switzerland and South Korea will continue to fuel trade tensions without stronger action. (news-to-use.com)