I think Trump may have us somehow short the CNY:
Mnuchin is unlikely to release a FX report that was due in April until after elections, I'm told.@USTreasury has not issued any such reports this year. One was due this month. https://t.co/19c4RX3F4j
— Saleha Mohsin (@SalehaMohsin) October 23, 2020
Remember this one:
China dropped the price of their currency to an almost a historic low. It’s called “currency manipulation.” Are you listening Federal Reserve? This is a major violation which will greatly weaken China over time!
— Donald J. Trump (@realDonaldTrump) August 5, 2019
So if China devalues their currency vs USD we “make money!”...
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