Dutch finance minister and Eurogroup head from G7 meeting 20 May 2016
- FX devaluation effects are always short term
- domestic mon pol is up to Japanese authorities
Yada yada yada.
Meanwhile GBPUSD is heading back down after failing to hold rally gains above 1.4580. USDJPY capping ahead of the strong 110.50 offers/res. EURUSD playing piggy-in-the-middle at 1.1215
Dijsselbloem - improving competitiveness by currency devaluation is unwise