| 04.10.2010 - No stopping Yen as Euro reaches parity in top markets forecast |
| From Bloomberg: The top foreign-exchange forecaster says the Japanese government’s current approach to reining in the yen by intervening in currency markets will fail. “Any attempt to drive the yen lower with intervention is unlikely to succeed unless it is backed up with much-more- aggressive easing measures from the Bank of Japan,” says Shaun Osborne, 47, chief currency strategist at TD Securities Inc. in Toronto...........................................Full Article: Source |