Forex News | Currency News by Forexlive

I’m sure they are just for medical isotopes…

• IAEA says uranium enriched to higher level than earlier reported

Oil consolidating around $91…

Expected after China widened trading band last month.

• Further CNY appreciation warranted
• CNY significantly undervalued
• China needs greater currency flexibility

Nothing comes of yet another G8.

Our imperative is to promote growth and jobs.

The global economic recovery shows signs of promise, but
significant headwinds persist.

Against this background, we commit to take all necessary steps to
strengthen and reinvigorate our economies and combat financial stresses,
recognizing that the right measures are not the same for each of us.

In other words, we met, we lunched, we issued a statement…

The Saudi Foreign Minister!

For : “Confidence  is starting to diminish in Kofi Annan’s Syria peace efforts.”

We may have to retire the award after that one. It will be very tough to beat…

• Germany and most of the Eurozone show more positive signals, but Italy and France remain sluggish and below trend
• UK and major emerging countries (particularly China) showing stronger signals compared with last month
• Leading indicators shows better signs of economic recovery in the US and Japan

• The Chinese Vice Premier has full confidence in the EU’s response to the current sovereign debt crisis
• Dialogue on human rights “remains key” 
• EU and China are delivering on concrete initiatives , thanks to joint efforts

Headlines from Bloomberg

Probably gonna pop another cap in Osama’s hat to celebrate the one-year anniversary…

He’s going to make a live address to the US at 7:30 pm EDT on the Afghanistan Partnership agreement.

Can’t wait…

Latin America keeps expropriating Spanish corporate properties and Spain just takes it. Don’t they have an armada any more?

Bolivia just expropriated a Spanish owned electrical utility, just weeks after Argentina grabbed YPF…

Talk about kicking a country when its down…

Bloomberg reports that Iran is considering halting nuclear expansion and allowing tougher IAEA inspections in exchange for a lifting of the EU oil embargo is helping hit the price of crude and lift the dollar.

EUR/USD dropped briefly below 1.3200 and ow trades at 1.3203.

Speaking in Stockholm, Chinese PM Wen says he is confident on robust economic growth. Wen says China will work with Sweden on human rights (those Swedes are treated like dogs ), and says friendship with Sweden has bright prospects.

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