Not content with calling China a “currency manipulator,” he's now indicted Germany for this economic crime with its alleged theft of American jobs. Second, the exchange rate between the U.S. and the Euro is floating. Yes, the ECB prints (supplies) money and the amount it prints impacts the rate at which a euro swaps for a dollar – the exchange rate. That’s exactly the case when it comes to the euro-dollar exchange rate over the past decade. This would lead our exchange rate to depreciate by 50 percent.

Source: Forbes February 01, 2017 22:56 UTC