WSJ Reports

Written April 6, 2009 at 12:32 AM EST by  

WSJ Currency Trading section expects lower volatility this week ahead of Easter holidays; sees additional risk reduction benefiting EUR and potential for more Quantitative Easing at tomorrow’s BOJ announcement accelerating JPY decline vs USD

WSJ Commodities Report: The G20 communique announcing gold sales by IMF are unlikely to weigh on prices as global central banks would be the likely buyers
- According to IMF head Strauss-Kahn, the implied sale refer to 403.3 metric tons that have already been announced and are still part to US Congressional approval; Does not expect any further sales

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