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The U.S. Treasury designated Switzerland a currency manipulator and accused Vietnam of managing its exchange rate for an unfair competitive advantage. The action followed the Treasury's exchange-rate report issued in the final days of the Trump administration.
The designation is a policy signal that may lead to bilateral negotiations and does not directly move feed commodity prices.
centralbanking.comDaniel HingeDec 16, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
