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Forex Flash: End of QE3 at the turn of the year - Rabobank

FXstreet.com (Barcelona) - Following the FOMC risk event, according to Rabobank senior US strategist Jan Lambts, "we expect to see the end of QE3 at the turn of the year, with the Fed slowing down the pace of asset purchases from its current $85bn/month in the second half of this year if progress towards ‘substantial improvement’ in the labor market is being made."

Cyprus weighing alternative funding plans

Cypriot Finance Minister Michalis Sarris has been engaged in discussions with his Rusian counterpart in Moscow on the possibility of obtaining new funding. After talks with both Russian Finance Minister Anton Siluanov and First Deputy Prime Minister Igor Shuvalov, media outlets report an agreement is still far.
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Japan Feb Adjusted Merchandise Trade Balance falls to ¥-1086.581B vs ¥-737.29B

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