February 12, 2013 at 09:28 AM EST
Currencies In Focus; Coke & Kors Report Results
The Group of Seven major economies clarified a prior statement, indicating it is worried about excess moves in Japan’s currency. The Yen strengthened by 0.6%; Japanese leaders have suggested they are targeting a specific exchange rate. The G7 move was designed to head off a potentially destabilizing round of currency devaluations. In equity markets, Coca-Cola [...]
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