Free Editorial: China and the United States: A Lever, and a Place to Stand
What does the situation between China and the United States mean for currency markets? More than ever, currency markets occupy the space where economics and politics intersect, overlap, and impact one another. Nowhere is this more true than in the current situation between China and the United States.
In a recent editorial for Canadian Hedgewatch magazine, Karl Schamotta, Senior Market Analyst at Custom House, A Western Union Company analyzes the phenomenon of China’s pegged – and undervalued – currency, the yuan, the fact of China’s being the world’s largest holder of US debt, the political relationship between the two economic powerhouses, and what all of this means for currency markets.
What do relations between China and the US, the pegged Chinese currency, and China’s holdings of US government debt mean for currency markets? Custom House’s Karl Schamotta ventures an answer in this insightful, informative editorial for Canadian Hedgewatch magazine.
Download Article[PDF] 2.8mb, See page two.
