Foreign Exchange Insights and Next Week
Next Week
April 19, 2013
Central bank policy meetings are scheduled next week in Mexico, Hungary, Israel, New Zealand, the Philippines and, most importantly, Japan, where a semi-annual Outlook for Economic Activity and Prices will be unveiled and explained at a press conference by Governor Kuroda. This will be the second BOJ meeting of April. Coming into the month, it […] More
New Overnight Developments Abroad - Daily Update
Market Tone Set by Weaker Yen
April 19, 2013
Japan’s delegation got its spin of the Group of Twenty talks out first. Finance Minister Aso said no objection was made to Japan’s reflationary policies, which are meant to end deflation. It’s not a policy to devalue the yen, he said. Bank of Japan Governor Kuroda said much the same, and Prime Minister Abe gave […] More
