G7 considers coordinated forex intervention 11/12/2004 ROME, Nov 11 (AFP): The Group of Seven richest countries is considering coordinated intervention on currency markets to stabilise foreign exchange rates, Italian Economy Minister Domenico Siniscalco said yesterday. "We are talking again about intervention, not unilateral but a coordinated intervention," he said. "The place to coordinate exchange rates is the G7, where attempts were successful to stabilise the dollar-euro exchange rate around 1.20 at the G7 (meeting) in Boca Raton," he told a press conference. The representatives of G7 countries tried to stabilise foreign exchange markets last February by adopting a statement in Boca Raton, Florida saying "excess volatility and disorderly movements in exchange rates are undesirable for economic growth." The latest talk of intervention on currency markets comes after the euro smashed through the symbolic 1.30-dollar level on Wednesday for the first time since it began trading on foreign exchange markets in January 1999. European officials have been raising the tone recently against the rise in the euro, which makes exports from the eurozone more expensive on international markets. Siniscalco's comments followed on the heels of remarks from European Economic and Monetary Affairs Commissioner Joaquin Almunia who said: "Of course we are worried by this evolution of the exchange rate of the euro versus the US dollar."

机会来了，美国不会罢休的，等待宽幅震荡吧，我们就是需要波动，波动就是钱啊！！！！

good[em34] [em38]

[em80]

意大利经济部长发话 不见市场有反映哦[em25]

已经澄清过了，是随便说说的。