Thursday, February 12, 2015

Global Currency Pegs

After the Swiss incident a few weeks ago (see Historic Overnight Move In The Currency Markets), it is interesting to take a look at a global heat map showing how much of the world is pegged to a currency or region. As the currency wars escalate and turmoil in the foreign exchange markets continues to rise there will be relentless pressure on other nations to remove "promises" previously set in place by central banks.


No comments:

Post a Comment