G-20 Communique 'More Bark Than Bite'
Stephen Innes, Senior Asia Pacific Forex Trader, Oanda
20-Mar-17 07:07
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U.S. Treasury Secretary Steven Mnuchin's first G-20 meetings resulted in some of the world's biggest economies being forced to recognize the protectionist stance of the new US administration. Stephen explains what this could mean for the markets.
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Tags: protectionist stance, forex language, competitive devaluations, trade sanctions, fair trade, bullish dollar, carry trade, emerging market currencies, monetary policy divergence, currency outlook, wait and see mode, dovish fed, rate hike