While Greece has been the big story in recent days, a sharp widening in interest rate differentials between Germany and the US has resumed.

The 2-year spread narrowed to 114 bp in the middle of last week. Now we are at 127 bp…

EUR/JPY is being bought very heavily by a Boston-based custody bank, we’re hearing from. USD/JPY has shot up to 80.90 from 80.75 in the last few minutes while EUR/USD has been grinding higher…