G7 Statement Gives Japan A Free Hall Pass?http://www.currencynewstrading.com/wp-content/uploads/slideshow-gallery/currency-war.jpg
Feb. 12, Seeing that USDJPY jumped up 30 pips 15 minutes after the G7 Statement, I’m now more convinced that as long as Japanese officials don’t talk about an exchange rate target, such as “100 yen to the dollar”, they can talk all they want without official criticism from the G7, while still achieving their goal of currency devaluation. This opens doors for Japan as...
MPC Minutes Sets The Tone For A Sterling Comeback…http://www.currencynewstrading.com/wp-content/uploads/slideshow-gallery/mpc-meeting.jpg
Feb. 20, Today’s Bank of England Monetary Policy Committee (MPC) Minutes from the rate decision 2 weeks ago came in extremely dovish with the Asset Purchasing Target (APT) vote showing the biggest split since June 2012. This is only the 4th time for Governor King to side with the minorities in his 10 years as the Governor of Bank of England…
Month In Motion – February 2013
March 4, 2013 by Leave a Comment