Archive for April 12th, 2008

Currency Markets in the News

Thoughts on the G7 Statement from Washington

April 12, 2008

New language used by G7 finance ministers and central bank heads to more firmly protest recent foreign exchange movements closely resembles the group’s joint statement a day after the last round of concerted intervention. About six billion euros of central bank purchases were done on September 22, 2000 collectively by the Fed, Bundesbank, Bank of […] More