Bitwise executive Jeff Park argues that US President Donald Trump's trade tariffs and the ensuing trade war will benefit ...
For any repeat of the dramatic 1985 "Plaza Accord" between the U.S. and its main allies to weaken a then-stratospheric dollar exchange rate and ease America's widening deficits, the clue is ...
Trump's trade war will trigger a Bitcoin (BTC) bull run, according to Jeff Park, head of alpha strategies at financial ...
Mizuho's Vishnu Varathan discusses what a "dominant but not-too-strong" U.S. dollar means for G10 currencies and Chinese Yuan under President Trump. Ichiro Suzuki becomes first Asian player ...
The standard reference is usually to the 1985 Plaza Accord, which sought to weaken the US currency. But not only does Plaza routinely get more credit than is due, the necessary macroeconomic ...
In September 1985, the Reagan administration signed the Plaza Accord with Japan and leading European countries in which they agreed to intervene in currency markets to weaken the dollar further.
It is now at its highest level since 1985. In 1985 the G5 nations (France, West Germany, Japan, the U.S., and the UK) weakened the real effective dollar exchange rate through the Plaza Accord. At that ...
Is China likely to accept a new Plaza Accord? Zero probability. It is unlikely that both US objectives — shrinking trade deficit and maintaining the exorbitant privilege of dollar — will be ...
For any repeat of the dramatic 1985 "Plaza Accord" between the U.S. and its main allies to weaken a then-stratospheric dollar exchange rate and ease America's widening deficits, the clue is ...
The U.S. real effective exchange rate is at its highest level since 1985. In that year, the U.S. and its trading partners coordinated a depreciation of the dollar and the U.S. agreed to reduce its ...
The euro has sometimes been dubbed "a currency beyond the state" when discussing its internal workings - but that could also be said of how it may frustrate its use as a political bargaining chip ...