“Is this a currency war or what?… In Washington, where a “strong dollar” has been the mantra for years, policymakers are taking steps that could make the already weak dollar weaker still… The dollar’s decline is being driven by what everyone in global markets is expecting — another round of so-called quantitative easing by the United States. In the next few weeks, the Federal Reserve is expected to inject vast sums of money into the economy in another attempt to spur growth.” Read more.

“Fear of Currency War Grows as US Dollar’s Value Falls”
Graham Bowley
Salt Lake Tribune, October 23, 2010.

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