With the value of the Chinese Renminbi coming to head once again between China and the U.S. and now Japan, add renewed concerns over the Euro due to sovereign debt risks and you have a recipe for heightened political pressure and an increase in currency volatility in the coming months.
A confluence of international meetings over the next six weeks will elevate market concerns into the political domain; - The International Monetary Fund is meeting in Washington early next month, followed by the G20 finance ministers and central bank governors later in the month, and the G20 leaders' summit in Korea in early November.
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