joint currency intervention

Discussion in 'Economics' started by drcha, Mar 17, 2011.

  1. drcha

    drcha

    What shape will a "joint currency intervention" take? Do G-7 buy Japanese bonds, or...? I don't really understand this stuff. Thanks.
     
  2. Not sure of the details in this case but I think it looks like a call to dealers (Barclays, Goldman, BNP, Citi, ...) saying...
    ECB: offer for 1 yard EURJPY... mine
    BOC: offer for 500 CADJPY... mine
    FED: offer for 2 yards USDJPY... mine
    ...
     
  3. Roark

    Roark

    Obama will give a speech and then go play golf.
     
  4. This one caught my attention. The outcome may not have the desired effect and appears reactionary. Where is the CNY in all this.

    Akuma