• US has a strong dollar policy
  • But don't want others to manipulate their currencies
  • China's yuan is hard to value
  • But on any academic model, the yuan is cheap
  • Aims to tell China to rebalance their economy
  • Will have first call with China counterpart tomorrow
  • Revaluing gold reserves is not what I had in mind
  • Haven't seen Europe cut auto tariffs yet
Source: Forex Live