Tuesday, February 26, 2013

The Yen Was Under Pressure

Yen Berada Di Bawah Tekanan

Monexnews-the Yen slipped against the dollar and euro on Monday, after the G-20 to refrain from openly criticizing Japan's Government to try to force to weaken its currency.

The G-20 meeting, which took place on the weekend of yesterday ended with an agreement to ensure that monetary policy is focused on menstabilitaskan and growth rates, not to weaken the currency.

Julian Jessop, Chief Economist at Capital Economics, global said that the market was reading instructions from a revelation – statement.The Yen will likely weaken a little further, in aggressive easing from the mengantispasi the Bank of Japan, he said. " The Yen has been falling and is now back in range of the desirability of some officials. "

(fsyl)



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Title Post: The Yen Was Under Pressure
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