Comments from a Canadian finance official ahead of the G7
Officials generally give background on major international meetings and a Canadian finance ministry official had a briefing today ahead of the finance ministers meeting this week in Dresden. The main G7 Summit is June 7-8, also in Germany.
- This week's meeting is not expected to yield a communique
- Chairman expected to give concluding response ahead of meeting
- G7 meeting will discuss FX moves in recent months
- FX moves reflect, to a large extent, what's happening in the world economy
- G7 will examine implications for world economy due to recent USD and euro moves
I can't imagine there will be too much complaining. If anything, US officials could begin to express worries about the strong USD.
