Policy Makers Bemoan Currency Strength as Yellen Defends Fed – Bloomberg 10-10-12

Salient to Investors:

Neil Mellor at Bank of New York Mellon  said we are heading into a far more difficult period for the world economy and an exacerbation of currency wars.

Kit Juckes at Societe Generale said rich nations are becoming increasingly irritated by exchange rates they see as overvalued, and the currency wars are building slowly again.

Read the full article at http://www.bloomberg.com/news/2012-10-10/policy-makers-bemoan-currency-strength-as-yellen-defends-fed.html