Posts Tagged "exchange rates"

Currency Wars

Posted by on Jan 27, 2013 in Commentary, Featured, Market News

Currency Wars

One of the trading themes for 2013 is likely to be the continuation of currency wars. Real or perceived, currency wars have existed for as long as I can remember. Whether a devaluation of an existing currency, or revaluation, currency wars cause seismic movements in exchange rates. The latest country to join the currency wars game is Japan, with the Japanese Yen losing value against all major currencies since elections a couple of months ago. The Bank of Japan, under political direction from the incoming government has agreed to raise it’s inflation target and adopt quantitative...

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