Seeking Alpha

G7 finance ministers and central bank governors issue a joint statement reaffirming their...

G7 finance ministers and central bank governors issue a joint statement reaffirming their "longstanding commitment to market-determined exchange rates and to consult closely in regard to actions in foreign-exchange markets." The statement is seen as an attempt to defuse growing fears about a global currency war, although Joe Wiesenthal reckons it's fairly weak and "has no big implications at all."
Comments (2)
  • Meantime, Mr. Steinbrenner reiterated his total confidence in the Yankee manager.
    12 Feb 2013, 07:52 AM Reply Like
  • All will soon become re-acquainted with the concept of "Prisoner's Dilemma"
    12 Feb 2013, 09:10 AM Reply Like
DJIA (DIA) S&P 500 (SPY)