Archive for April 14th, 2008

Currency Markets in the News

Market to G7: So What?

April 14, 2008

Currency markets are unimpressed with the new G7 language of concern about recent foreign exchange developments. Before the remarks, the dollar closed on Friday at 1.583/euro and Yen 101.8, and quotes at 18:45 GMT on Wednesday (14:45 EDT) were 1.5805 per euro and Y 101.2. That ho-hum reaction contrasts sharply with earlier big initiatives by […] More