United States

BERLIN (Capital Markets in Africa) – The U.S. Treasury once again singled out Switzerland and Germany for the value of their currencies and exports, suggesting the former could cut interest rates further to alleviate deflationary pressures. While the department said no major trading partner was manipulating its currency to gain an advantage, it kept the two on the list of countries it considers to have a big trade surplus with the U.S., a high current-account surplus or to…