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IMF Warns of Potential for “Currency Wars”

Posted by Scott Boyd at 9:26 am UTC, 10/07/2010

Olivier Blanchard, chief economist with the International Monetary Fund (IMF) warned of the possibility of a “currency war” in an interview with Bloomberg.

Source: Bloomberg

Filed under: Forex Round Up, USD, EUR, GBP, CHF, JPY, AUD, CAD

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May
24
Today’s Global
Market Events
8:30am
CAD
Corporate Profits q/q
9.0%
USD
Core Durable Goods Orders m/m
1.1% vs. -0.8%
USD
Unemployment Claims
372K vs. 370K
USD
Durable Goods Orders m/m
0.5% vs. -4.0%
9:00am
EUR
ECB President Draghi Speaks
EUR
Belgium NBB Business Climate
-10.6 vs. -10.7
10:30am
USD
FOMC Member Dudley Speaks
USD
Natural Gas Storage
77B vs. 61B
1:00pm
USD
FOMC Member Dudley Speaks
3:00pm
USD
Treasury Sec Geithner Speaks
7:30pm
JPY
Tokyo Core CPI y/y
-0.5% vs. -0.5%
JPY
National Core CPI y/y
0.1% vs. 0.2%