ECB’s Nowotny: Euro collapse very unlikely
Again, he is referring to the euro zone rather than the currency, but it’s basically a distinction without a difference.
It is becoming increasingly clear that the euro zone is attempting to get its act together and move toward a firmer fiscal policy to complement their common monetary policy.
EUR/USD has rebounded back to the 1.3655 area after stabilizing at 1.3616.
Jamie, any more info on yen flows?
It is a bonker price wise and makes my head explode.
On a side note. Gold just exploded upwards 20$ to the 1350 levels