Currency War Song

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Relations between the US and China are heating on the currency front. Here’s an amusing rap song about currency wars:
Thanks to Jamie for the tip.

The low value of the Chinese yuan is on the agenda for a long time. China is enjoying strong growth and skipped a recession. American politicians are getting frustrated with China’s competitive advantage. The value of the yuan is one of the main triggers of the “currency war”. The currency war is high on the G-20 agenda beginning now.

No big agreement is expected in Seoul, but statements made around the event can shake the markets.

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.