Tuesday November 27, 2007 - 17:16:41 GMT
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FX Blog: Market Snapshot N.Y. Mid-Session
GVI Market Snapshot-- N.Y. Mid-Session
- Equities have rebounded on the back of the announcement of a major capital infusion into Citi by Abu Dhabi.
- The flight to safety panic buying of Treasuries yesterday has eased. As a result prices on U.S. treasuries are sharply weaker (higher yields). 10yr is back close to 4.00%
- The USD is better vs. Europe and the JPY. The JPY has been tracking stocks.
- The commodity currencies are mixed to higher (CAD is softer).
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