Thursday, January 24, 2013

On Currency Wars:


The risk of Politicizing Forex rates

The free market base economy has been dominated by the dynamics of Political policy makers from the three (3) major markets. With Asia having two of the largest economy driving the present market conditions like China & Japan combined represents 21% of the world's GDP.
And the recent actions taken by Japan's Shinzo Abe pursuit of national self-interest to be able to pave the way for the recovery of the economy; has asked the BOJ for a 2% inflation target figure that would result into a stronger and aggressive stance for more monetary easing.
As a matter of record, Japan has come from a trade surplus to a trade deficit,

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