Friday, March 18, 2011

G7 Agrees on Joint FX Action to Weaken Yen

The G7 coordinates its first intervention since 2000 in order to weaken the yen, reports CNBC's Steve Liesman.




The G7 is stepping into the Forex markets in a move intended to aid Japan and halt the rising yen, with Joseph Trevisani, FX Solutions , and Ben Lichtenstein, TradersAudio.com.

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