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Global FX: The dollar, ECB, Treasury manipulator report and the 2H’25 outlook for EM FX

At Any Rate

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Analysis of Currency Manipulator Report and Its Implications

This chapter analyzes the latest currency manipulator report, noting the absence of designated manipulators while highlighting Ireland and Switzerland's inclusion on a monitoring list. It also explores potential tariff implications and the Treasury's advocacy for diversified investments in public pension funds.

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