Two and a half years ago I had written an article for this publication entitled “The USD – why is it so High?

Yet here we are in 2015 and the situation hasn’t changed; in fact it gotten much worse.  There is a race to the bottom in terms of currencies and no one wants a higher value of their domestic currency as that means higher prices in the global market and a downturn in the sales of products those respective countries produce.  Need proof of this?  Take a look at what’s happening in China right now.  The bigger question is why is this?  We’ll attempt to explain.

Read the rest of the article A Race to the Bottom