OMFIF UPDATE – WEEK 42 2018
15-19 October 2018 Vol.9 Ed.42
US Treasury gets China largely right
Despite much huffing and puffing about China, the US Treasury’s autumn foreign exchange report is status quo. The substance is unsensational, and little changed from the last report in April.
Once again, there is no ‘manipulation’ finding. The report got the main conclusions largely right, writes Mark Sobel.