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Forex Flash: Dollar up on Yen as G20 wimpers - OCBC Bank

Emmanuel Ng of OCBC notes that USD has started the week up on JPY as market anticipation of a G20 whiplash for Japan failed to materialize.

Meanwhile, he notes that comments from Fed chairman Bernanke and the ECB´s Draghi also, failed to address any issues of currency manipulation, with the latter indicating that the EUR was in line with long term averages. Over the weekend he sees that the G20 communique proved to be a yawn for the JPY with no explicit criticism and elsewhere, the antipodeans continued to feel the heat from cited structural readjustments, easing further against the greenback. Aside from the continued Yen focus, Ng notes that the global economic data calendar, differing central bank rhetoric may also continue to guide market direction. The RBA meeting minutes are due on Tuesday while BOE MPC minutes are also scheduled for Wed. Also on Wed, FOMC minutes are also on tap.

Forex: EUR/USD muted after EMU data

The shared currency keeps the 1.3335/40 area after the EMU Current Account surplus (s.a.) shrunk to €13.9 billion in December from €15.9 billion in the previous month. Results for the n.s.a. print...
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Forex Flash: The Coming Push: France - BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman notes that many investors have understandably not focused on France yet.
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