Trading news
Feb 13, 2013
Forex Flash: Fed backs off allegations of currency war – Deutsche Bank
Following the G7's well-publicized statement yesterday calling for "fiscal and monetary policies that…will not target exchange rates", there were a number of subsequent conflicting statements. An unnamed official was quoted as saying that the G7's statement "signaled concern about excess moves in the yen. The G7 is concerned about unilateral guidance on the yen".
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