The throws of officials hoping to "clarify" previous statements about official policy are achieving rigormortis levels of superfluousness.
I almost think they have standing orders from the FX desks of major money center banks to kindly provide some volatility in exchange for sinecures to be named later...
*G-20 DRAFT DOESN'T ECHO G-7 STATEMENT ON FX TARGET: OFFICIAL
No comments:
Post a Comment