Currency War of 2009–11 US, and Financial Times journalists have suggested that if China returned to a fixed peg against the dollar this could re-ignite the Currency War, especially if the move coincided with the US presidential election campaign. Also in March 2012, Brazil's president Rousseff said her country was still experiencing undesirable upwards pressure on her currency, with her Finance Minister Guido Mantega saying Brazil will no longer "play the fool" and allow others to get away with competitive devaluation, announcing new measures aimed at limiting further appreciation for the Real. In June 2012, the "Financial Times" reported that while international trade remained
Absolute currency strength strength. Shorter or longer timeframes are used for alternately shorter or longer outlooks. Extreme high and low percentage values occur less frequently but indicate stronger momentum of currency. ACS is in most cases used as support indicator for Relative currency strength indicator. But it can be used by itself for currency trading. One can use Absolute currency strength for pattern trading as well. Combination of RCS and ACS indicators gives entry and exit signals for currency trading. Indicator basic idea is "buy strong currency and sell weak currency". If is X/Y currency pair in uptrend, it shows if it is