USD/JPY: Unbalance Concerns

As another week of FX trade gets underway in the U.S., the Dollar seems to be under some pressure. There is a lot of discussion about trade imbalances in the wake of recent statements by the G7 and IMF, which call for greater exchange rate flexibility. There is, however, a gap between what is proscribed and what is practical, especially in the short-term. As a large percentage of the debate centers on China's trade surplus, and trading in the Chinese Yuan is tightly controlled, the issue remains a big question mark over FX markets. Read More....