Dollar let a genie out. Review as of 04.12.2020

The greenback's fast devaluation arouses outrage outside the USA

Dozing at the bottom of a bottle, currency wars can become the main issue of 2021

– Darling, won't you forget me?

– Honey, I won't even remember you!

More than ten years have passed since Brazil's Finance Minister Guido Mantega compared money printing with an economic war led by the world's central banks, particularly the Fed. Back then, he was talking about "currency war". Financial markets still remember those events from time to time. In response to the pandemic-driven recession, the Fed pumped so much liquidity into the system that… Read full author’s opinion and review in blog of #LiteForex