Markets are Buzzing About a Potential CNY Shift…but we have heard it before
Feb.28, 2010 in
News
The EUR and GBP had a very tough day yesterday, while the JPY was by far the primary beneficiary. Risk aversion was rampant, due to the worries over a Greek downgrade and poor US economic data. This includes a durable goods number, which came out strong but, in further investigation, was weaker than the headlines had suggested. While the EUR was suffering from gloomy comments issued by rating…

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