Goldman Sachs preview the US Treasury's semi-annual report which is due soon (I don't have a specific date of release).

(see the bottom of the post on what this report is)

GS:

  • Thailand and Taiwan might be added to the monitoring list

Switzerland and Vietnam's FX interventions are also on Treasury radar

  • Switzerland's exchange rate practices could come under closer scrutiny if the pandemic period is included in the analysis

However, says GS:

  • "Exceptional market circumstances" amid the coronavirus pandemic should also "justify extra leniency"

via Bloomberg

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In order to labelled a manipulator, the Treasury requires three criteria be met, while countries that only meet two criteria are put in a "monitoring list".

CHF Switerland