Right on schedule, the draft of the G7 communique has been leaked.
- Stabilization of the global economy remains the highest priority of economic policy
- What started as financial turmoil has gripped the real economy
- Ministers remain committed to completing the Doha Round of trade talks.
No mention so far of the forex language, a sign that the language is unremarkable.
UPDATE: Reuters reports the section on currencies was left blank; it could still be in play! The GBP pairs may be choppy as a result.
