Aitken: Currency war over…for now

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The best of the three Aitken brothers, James, has some interesting insights today, from the AFR

“The number one change in 2016 has been a hardening of the view in Washington about currency games,” he said.

“I don’t know the exact cause but I know there have been strong words exchanged, publicly and privately, between US and Japan authorities and the former has said in strongest possible terms, we will no longer tolerate you playing games with the Yen.”

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.