Currency Misalignment Monitor, April 2024
The April Currency Misalignment Monitor shows that the dollar continues to be heavily overvalued and major Asian currencies remain undervalued.
Menu
Tariffs, Quotas, or Both? A Q&A on Remedies to Overproduction and Imbalanced Trade
How can U.S. industry, small and large, compete against countries with much weaker currencies, lower labor and environmental regulatory costs, and the overproduction and dumping that come from Asia?
CPA to Biden Administration: Do Not Grant Socialist Republic of Vietnam “Market Economy Status”
Akin to granting PNTR to China in 2000 WASHINGTON — The Coalition for a Prosperous America (CPA) called on the Biden administration to reject misguided calls to revoke the non-market economy status of the Socialist Republic of Vietnam — a nation where the economy remains highly controlled by the government. According to a report by…
House Hearing on Dollar Focused on Sanctions Powers, ‘De-Dollarization’ Risks
The House Financial Services Committee says American consumers are helped by a strong dollar, which lowers the price of imports to the tune of up to $45 billion per year in savings. In a $23 trillion economy, is an overvalued dollar really worth it?
Currency Misalignment Monitor, June 2023
The U.S. dollar is 14.3% overvalued against global currencies, contributing to trade deficits costing some six million jobs, many in manufacturing.
U.S. International Debt Has Doubled in Five Years to Over $50,000 For Each American
America’s international debt continues to grow. According to the federal government’s Bureau of Economic Analysis, our international debt, referred to in government data as Net International Investment Position (NIIP) reached negative $16.1 trillion at the end of 2022, in other words a debt of just over $16 trillion to foreigners. This is equivalent to 69%…
CPA Launches Currency Misalignment Monitor
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced the launch of the Currency Misalignment Monitor (CMM), a new monthly index that tracks the misalignment of global currencies, including the dollar, in relation to the levels needed to balance global trade. The CMM uses the latest available data to estimate the level of…
Is the Dollar Overvalued? New Treasury Report Says Yes.
Treasury says the dollar is overvalued, but has no plans to fix it. Wall Street will remain the deciding factor in the dollar’s fate. Meanwhile, foreign central banks take action.
U.S. Domestic Market Share Index Hits All-Time Low
WASHINGTON — The Coalition for a Prosperous America (CPA) today released an update to the Domestic Market Share Index (DMSI), a new indicator that measures the success of U.S. manufacturing producers in the U.S. home market. The DMSI fell to 66.2 in Q2 2022, down from 67.2 in the previous quarter, indicating that domestic producers…
CPA Urges Fed, Treasury, Congress to Address Soaring U.S. Dollar
Currency misalignment reaching critical level WASHINGTON — The Coalition for a Prosperous America (CPA) today formally urged the federal government to address the U.S. dollar’s continuing overvaluation. In a letter to U.S. Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell, and the leadership of the Senate Banking and House Financial Services Committees, CPA highlighted…
