Tools

Trump Terminates Chinese Cultural Exchange Programs, Decries “Soft Power Propaganda Tools”

It’s but the latest in what has become near daily punitive actions leveled against China by the Trump administration, which as promised looks to continue right up until Trump leaves office next month. On Friday the State Department announced it has shut down five cultural exchange programs, the origins of which go back a half-century,…

Euro Surges To 18 Month High Amid Speculation ECB Is “Out Of Policy Tools”

While many have focused on the ongoing collapse of the dollar, a big reason for the persistent weakness in the greenback, which is now below the Nov 9 “Pfizer vaccine” level… … is the grind higher in the EURUSD which this morning hit 1.2168, the highest since April 2019, and a level well above the…