Wednesday, August 31, 2016

China's Manipulated Currency

Some accuse China of manipulating their currency lower to increase exports. The below chart is from Horizon Exchange Traded Funds during a presentation (replay and pdf - links may no longer work) they made for their Global Currency Opportunities ETF.

It sure does not look manipulated lower versus the Canadian Dollar.

1 comment:

  1. The BSE Mid-cap Index is trading down 0.44% at 15,946, whereas BSE Small-cap Index is trading down 0.17% at 16,597.capitalstars

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