OANDA Senior Market Analyst Craig Erlam talks to Core Finance about the recent bearish break in GBPJPY and whether it signals more pain ahead. He also previews the UK jobs data and Bank of England inflation report hearing and what they could mean for interest rates this year. USD/JPY – Japanese Yen Edges Lower as Japanese Manufacturing PMI Dips BoE Hearing and Fed Minutes in Focus DAX Under Pressure, Investors Eye Fed Minutes
That’s going to be a problem for him
The thing about offshore banking is that people do it for the secrecy. But when there is a Panama Papers or major FBI investigation, the secrecy evaporates.
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