G7 Agrees To Intervene In Order To Weaken Yen
March 18, 2011 at 03:02 AM EDT
Source: ForexYard G7 Agrees To Intervene In Order To Weaken Yen The Group of seven industrial nations has agreed on Thursday evening to stage a coordinated currency intervention in order to weaken the Japanese currency. As a result, the yen fell about 150 pips vs. the U.S. dollar and about 350 pips vs. . . . → Read More: G7 Agrees To Intervene In Order To Weaken Yen