Intraday Market Thoughts

Pre-G20 Premium Insights

by Ashraf Laidi
Feb 14, 2013 19:47

Friday's G20 summit in Moscow will produce its share volatility in JPY pairs. USDJPY is the “pair of the moment” as we head into the summit. Part of the reason that G7 officials may have no opposition to Japan's weakening currency is that they themselves are carrying out similar monetary policies. Another reason is that a weakening yen is less problematic to G7 partners than it is to Japan's emerging market trading partners, who are members of the G20. The latest Premium Insights ahead of this weekend's G20 meeting are issued. New trades on gold will be added on Friday, while the existing silver and oil trades remain in progress until new trades are added on Friday.


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