Euro breaks pivotal level of 1.4500 trading to a high of 1.4520. Cable breaks 1.6100 to a high 1.6108. Aussie and Kiwi post highs of 0.9315 and 0.7412. Dollar yen on the weakening dollar trading at 92.17/20
St Louis Fed President James Bullard said in remarks on a speech he is to deliver in Shanghai that while the pace of job losses has slowed he still expects to see positive job growth in 2010. Housing markets and consumption have stabilized and also says that “the forces driving the US economy recovery include stronger than expected growth especially in Asia”
