Not exactly a collapse in USD/JPY (81.31) but US yields are trending lower. The US 2 year note has dipped below 0.50% after the auction of 7-year notes. Crossing the wires, a French source tells Reuters that Obama did not … Continue reading
US will support Japan throughout its rebuilding process Confident Japan will emerge from crisis stronger than ever Kan: Work on Japanese economy stopped after earthquake that work is now resuming
Adequate financing is crucial to Greek plans success Seeks to assure plan is adequately financed
DJ IMF Urges Swiss National Bank To End Soon Expansive Policy Don’t hold your breath waiting for the rate hike, IMF… EUR/CHF continues to make fresh record lows, now at 1.2213.
Not high enough, I guess An Asian central bank was a EUR/USD buyer in the 1.4090 area but was run over as EUR/USD fell as low as 1.4067.
-2 in May versus 17 in April.
Greece facing difficult economic issues IMF can’t lend without assurances Needs assurances from Greece before disbursement to Greece Goal is to get Greece on recovery path
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