G7 this weekend
The G7 meeting will be taking place this weekend and all eyes will be focused on Asia and Asian currencies. Canada's Flaherty stated today that the Yen is not specifically on G7 agenda but expects discussions. As do I ! with all the talk over the past few weeks (specifically out of Europe) look for this to be discussed (even if not mentioned afterward) as it is clearly a big concern of the Europe.
FXTRADINGIDEAS@AOL.COM
FXTRADINGIDEAS@AOL.COM
Labels: Markets
posted by Banker at
Friday, February 09, 2007
1 Comments:
I'm with you. I don't think it makes sense to focus on the yen, especially when there hasn't been any intervention from the MoF in a long while. Nevertheless, the G7 meeting is historically a pretty darn good provider of event risk.
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