The Brazilian government, in its frustrated attempt to save the dollar and keepitscurrency from overvaluation, has come up with a new set of macroeconomic measures for the currency markets.
Those remarks seem to run counter to recent statements from the European Central Bank president Mario Draghi, who last week said the ECB would do whatever it takes to keep the Euro currency in its present form.
China is playing its own currency game, trying to keep the yuan low in order to protect internal interests, but still it is having to react to the American moves.