What will be the outcome of next week's G7 Meeting?

F

ForexDisco

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• May 20, 2016

• #1

It is hard to believe that we are less then a week away from the G7 meetings and I've seen very little in the way of opinion on what the results will be from it.

I'm long USDJPY and EURJPY and feel that the Japanese will weaken its currency within a few weeks of next Friday.

I don't see how the seven countries can prevent another round of "Currency Wars".

 

F

ForexDisco

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• May 20, 2016

• #2

Now the Nikkei is reporting that the BOJ will be preparing to exit from easing with reserves.

I think this is all posturing before the G7.

 

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ForexDisco

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• May 21, 2016

• #3

Headlines are starting to flow from Sendai, Japan - host of the 42nd G-7 meetings.

The US and Japan have taken center stage but nothing out of the ordinary has been said.

 

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ForexDisco

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• May 22, 2016

• #4

Reuters is reporting the G7 participates "wish" the UK stays in the EU but did not talk about a "Plan B" which makes me feel all 7 nations see a "stay" vote grabbing a majority of votes.2

 

S

Splitlink

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• May 22, 2016

• #5

I find it hard to believe that the agreement will not make some doomful comments on the UK doing a Brexit.

 

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ForexDisco

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• May 22, 2016

• #6

Splitlink said:

I find it hard to believe that the agreement will not make some doomful comments on the UK doing a Brexit.

Click to expand...

So true. They have to be crafting the language for a press release first thing in the morning Tokyo Time.