Is there a currency war ravaging the FX landscape? Is monetary easing a hostile act? Brazil’s finance minister Guido Mantega first coined the ‘currency war’ term in 2010, alerting the world to the dangers of competitive devaluation. The Dollar, the Brazilian Real, the Euro…will the currency war benefit these currencies or does it actually lead to the destruction of their economies? Countries with low interest rates have little ammunition left to fight the war. Will the financial weapon of quantitative easing offer a solution or is it a curse? Share your views, join the #FXdebates.
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