Back to Glossary
General TradingG

G7

The G7 (Group of Seven) is a forum of seven advanced economies — the US, UK, France, Germany, Italy, Canada, and Japan — that meets to discuss international economic and monetary policy. G7 statements can move currency and bond markets.

Example

The G7 finance ministers issued a rare joint statement expressing concern about excessive currency volatility, causing the yen to strengthen sharply.