Tuesday, January 24, 2017

US And China Agree: Dollar Going Lower

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*Chinese officials were reported to call for the globalization reigns at Davos.

*We think they could be moving to a strong yuan policy copying the years of the US policy.

*If so the dollar could see weakness after years of strength.

In the nationalistic move in the US, China called to take the globalization reigns. We think that will show up in the currencies.

Recent Moves In China Suggest Desire For Strong Yuan
The following are some clear moves suggesting China wants their currency stronger.
Source: Trading Economics
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