Thu, Aug 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Canada’s Murray says currency markets are operating soundly

Posted on 20 November 2013

Bank of Canada Deputy Governor John Murray said that even though currencies and other assets have periods where they overshoot fundamental values, the relationship between exchange rates and retail prices is working as it should.
“As with any asset price, bouts of temporary overshooting and excess volatility are common,” Murray said in a speech at Mount Allison University in Sackville, New Brunswick. “However, the broad trends and behavior of these markets are more positive than many believe and earlier evidence might indicate.”…………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36545 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31