Market to test central banks post-G7

The statement said volatile and disorderly markets are undesirable, and flexibility is needed for all currencies. This represents concessions to the US, Europe and Asia, but only highlights the lack of any global agreement on FX issues, said Hans Redeker, global head of FX strategy at BNP Paribas in London.

This has led analysts to agree that the threat of the G7 nations backing up their statements with any action is limited.

"The statement does not carry any heightened risk of official

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: