By Vincent Cook In a November 30 Truth Social post, President-elect Trump threatened BRICS states—Brazil, Russia, India, China, South Africa,...
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Maroc - FINANCIALMIRROR.COM - A La Une - 31/12/2024 13:58
Brace for ‘full-blown’ currency wars under Trump
Investors should prepare for heightened volatility in markets as much-discussed potential trade wars risk morphing into full-blown currency wars under Donald Trump’s leadership, according to Nigel Green, CEO of leading independent financial advisory and fintech deVere Group. While possible trade wars have dominated headlines, “the prospect of currency wars—where nations deliberately weaken their currencies for competitive advantage—remains underappreciated,” he warned. Trump’s track record and rhetoric point to a renewed focus on tariffs and dollar dynamics, two factors that could send shockwaves through financial markets and global trade systems. “In Trump’s previous term, his administration repeatedly signaled dissatisfaction with a strong dollar,
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