What will be the outcome of next week's G7 Meeting?

[ForexDisco]

It is hard to believe that we are less then a week away from the G7 meetings and I've seen very little in the way of opinion on what the results will be from it.

I'm long USDJPY and EURJPY and feel that the Japanese will weaken its currency within a few weeks of next Friday.

I don't see how the seven countries can prevent another round of "Currency Wars".

 

[ForexDisco]

Now the Nikkei is reporting that the BOJ will be preparing to exit from easing with reserves.

I think this is all posturing before the G7.

 

[ForexDisco]

Headlines are starting to flow from Sendai, Japan - host of the 42nd G-7 meetings.

The US and Japan have taken center stage but nothing out of the ordinary has been said.

 

[ForexDisco]

Reuters is reporting the G7 participates "wish" the UK stays in the EU but did not talk about a "Plan B" which makes me feel all 7 nations see a "stay" vote grabbing a majority of votes.2

 

[Splitlink]

I find it hard to believe that the agreement will not make some doomful comments on the UK doing a Brexit.

 

[ForexDisco]

I find it hard to believe that the agreement will not make some doomful comments on the UK doing a Brexit.

So true. They have to be crafting the language for a press release first thing in the morning Tokyo Time.