Friday, December 14, 2012

A new world order in FX

Data/Event Risks EUR: Preliminary manufacturing and services PMI readings out of Germany/France/EU this morning, were a mixed bag. USD: Inflation and industrial production out later, unlikely to move the dial in any way. JPY: Election on Sunday, where the dovish LDP are likely to return to power. BOJ meet next Wed-Thursday – more easing on
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