Feb 18, 2013
Forex: USD/JPY higher post-G20 meetings
Ahead of another day with US markets closed for holiday, USD/JPY is starting the week in Asia-Pacific to the upside, testing Friday's highs, last at 93.89, off recent fresh 4-day highs at 93.95, following G20 meetings in Moscow during the weekend. “It is as if the G7 is saying through the G20 that we have the right to weaker currencies because we have weaker economies so back off,” noted Gregory McKenna, CEO at GlobalFX and former Head of Currency Strategy at the NAB and Westpac.
Devamını oku
Previous