And there we have it folks. Russian Finance Ministry source says Russia hasn’t seen official China request for debate on global reserve currency proposal at G8 summit.
I’m sure they’ve got a lot more useful things they could be discussing!!!
EUR/USD dipped slightly on the headline, but this reserve currency stuff is seemingly beginning to wear thin with the market and we’re not seeing any followthrough, so far at least. We’re presently at 1.4090.
