Monday, September 20, 2010

China-Japan Forex Battle

Japan 's finance minister Noda has already stated "I don't know the true intention", referring to China 's JPY 583 bln purchases of JGBs in July after JPY 457 bln of purchases in June. Why would the Japanese Finance Minister make such a suspicious remark?

http://www.ibtimes.com/articles/62761/20100916/boj-intervention-us-dollar-jgb-china-pboc-central-banks-reaction-forecast-fundamental-analysis-fomc.htm

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