The USD is higher as Japan's current account comes in with a fall into deficit Monday and the Nikkei falls to a 26-year low. Reports of positive growth data from China help to lift risk appetite and the EUR a little, but sentiment overall remains negative. The USD is up at Y98.53 while the EUR is down at $1.2613. The GBP is down at $1.3659 as the market dislikes the UK government's GBP250 bn loan guarantee for Lloyds. |
Monday, March 9, 2009
The USD is higher as Japan's current account comes
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