Japan may be signaling action to weaken the yen, Bloomberg reports Japanese purchases of foreign bonds to weaken the yen may become a reality as they reject trading partners’ rights to criticize its currency policies, reports Bloomberg. “Foreign countries have no right to lecture us,” says Finance Minister Taro Aso, adding that the U.S. should have a stronger dollar and questioned whether major Group of 20 nations had stuck to pledges from 2009 to avoid competitive currency devaluations. Reference Link
News For NOSYMBOL From The Last 14 Days
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Bank of England maintains bank rate at 0.5% The Bank of England at its meeting today voted to maintain bank rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at 375B pounds.
SEC to hold a commission meeting Closed Commission Meeting to discuss institution and settlement of administrative proceedings and other matters relating to enforcement proceedings will be held at SEC Washington, D.C. offices on July 10 at 2 pm.