Your forexlive.com ENewsletter |  |
- Surprise! Germany critical of Fed
- Hey, it’s a start: G-20 does a deal
- Update:German EcoMin Opposes Fed QE2;Indirect FX Manipulation
- Japan’s Noda:More G20 Coordination In Checking Sharp FX Moves
- EU’s Rehn: G20 Agreed On Mkt-Determined FX Rates, Rebalancing
- ECB Weber:Fin’l Regulation At Finish Line,Need Implementation
| Surprise! Germany critical of Fed Posted: German Econ Minister Bruerdele says the Fed's contemplation of more quantitative ease is the wrong way to stimulate growth and may amount to manipulation of the dollar. ECB chief Trichet was ambivalent but seemed to see the Fed's potential action from a broader perspective: "The remark was made that the accommodating policy ...    |
| Hey, it’s a start: G-20 does a deal Posted: The G20 did in fact pledge to avoid competitive currency devaluation, as the draft document suggested. In return, emerging countries will get a bigger say in the workings of the IMF. That's an important first step and the market will likely test the resolve of the more active managers of exchange rates ...  |
| Update:German EcoMin Opposes Fed QE2;Indirect FX Manipulation Posted: -- Adds Weber Comments From 12th Paragraph GYEONGJU, South Korea (MNI) - The prospect of a second round of quantitative easing by the U.S. Federal Reserve came in for heavy criticism during the G20 meetings here, German Economic Minister Rainer Bruederle said Saturday. ...  |
| Japan’s Noda:More G20 Coordination In Checking Sharp FX Moves Posted: GYEONGJU, South Korea (MNI) - Japanese Finance Minister Yoshihiko Noda said Saturday that the latest Group of 20 accord means that Japan and its economic allies will coordinate their policies with an even more watchful eye on excessively rapid movements in foreign exchange rates. ...  |
| EU’s Rehn: G20 Agreed On Mkt-Determined FX Rates, Rebalancing Posted: GYEONGJU, South Korea (MNI) - Delegates to the Group of 20 member nations agreed at meetings here this weekend to work together to produce more balanced global growth and allow for more market-determined exchange rates, European Union Monetary Affairs Commissioner Olli Rehn said at a ...  |
| ECB Weber:Fin’l Regulation At Finish Line,Need Implementation Posted: GYEONGJU, South Korea (MNI) - International regulators are on the finish line of overhauling financial market regulations, making the implementation of new rules now a priority, European Central Bank Governing Council member Axel Weber said on Saturday. Regulators have ...  |
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