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          Is A Coordinated Dollar Devaluation Secretly In The Works?

          by admin
          August 30, 2019
          in ZeroHedge
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          Most of last Friday’s Jackson Hole focus was on Powell, but what Standard Chartered’s chief FX strategist, Steven Englander was struck by, was the apparent consensus among JH participants, that US rates and USD were too high, surprisingly, but hardly consciously in line with President Trump’s views.  And while Englander does not see a direct line from such intellectual consensus to a weaker USD, he would not rule out that weaker USD somehow ends up as the long-term outcome.

          Below we recap some…

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