G-20 Meetings Could Prove Very Important for Currencies
October 25, 2010 at 09:54 AM EDT
While many investors have their eyes on the G-20 Summit in November, this weekend’s gathering of G-20 finance ministers could prove to be the more significant event for markets. If you take a look at recent history, I think you would agree. In March 2009, when the financial crisis was at its peak, when uncertainty was at its greatest, the G-20 finance ministers met in a perceived “warm-up” for the broader G-20 Summit in the weeks following. It just so happened that the U.S. stock market reversed from the depths of its deepest decline since the Great Depression that… . . . → Full Story: G-20 Meetings Could Prove Very Important for Currencies