Tuesday November 27, 2007 - 21:22:20 GMT
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FX Blog: Market Snapshot Far East Open
GVI Market Snapshot-- Far East Open
- The USD is closing better vs. Europe and much better vs. the JPY. The JPY tracked stocks again.
- Equities stabilized after the announcement of a major capital infusion into Citi by Abu Dhabi.
- Flight to safety panic buying of Treasuries evaporated. As a result prices on U.S. treasuries are sharply weaker (higher yields). 10yr is back close to 4.00%
- The AUD and NZD are ending higher. The CAD is softer on lower crude prices.
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