LONDON (MarketWatch) — So here’s the good news. The overhyped threat of “currency wars” is off the table for the time being after G-7 officials said they won’t censure Japan over Prime Minister Shinzo Abe’s go-for-growth strategy built around looser credit policy and a weaker yen.
The bad news is that, if a currency war does break out, it’s most likely to be between France and Germany.
LONDON (MarketWatch) — So here’s the good news. The overhyped threat of “currency wars” is off the table for the time being after G-7 officials said they won’t censure Japan over Prime Minister Shinzo Abe’s go-for-growth strategy built around looser credit policy and a weaker yen.
ReplyDeleteThe bad news is that, if a currency war does break out, it’s most likely to be between France and Germany.