Chart: Euro and Impact of Joint Intervention
The following chart shows how the EUR/USD traded after the G7 joint intervention in Sept 2000. The EUR/USD made a new low and the ECB followed up with more intervention a month later which finally carved out the bottom. Will USD/JPY behave the same way?
2010 eurusd forecast 2010 eurusd forecasts eur/usd euro Euro Intervention Kathy Lien