Friday October 9, 2009 - 09:27:10 GMT
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GVI Forex Discussion Points 8 October 2009 Morningfrom...
GVI Forex Discussion Points
"Today Japanese FinMin Fujii starting to slip into more traditional language of concern about the valuation of the USD. We had noted that Trichet had done the same thing yesterday. The markets were disappointed yesterday that Trichet had not been more forceful. Many are unhappy with the U.S. â€śbenign neglectâ€ť dollar policy. Japanese 88.00 USD/JPY line in the sand? Bernanke reiterates rates will stay low for a long time. "
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