Although no country appears to have manipulated exchange rates last year, this may not stop the U.S. foreign exchange policy targeting Asia, according to Golden Finance. Barclays’ calculations of changes in foreign exchange reserves suggest that the weak dollar in February led to US dollar buying in Asia, which could continue into March. The longer the dollar is under pressure, the more central banks in Asia tend to intervene when trade pressures intensify to prevent the currency from strengthening. The bank added: "In our opinion, it is possible for the U.S. government to use exchange rate manipulation to defend various actions, including tariffs. (Golden X)