CHINA STOPS HELPING EURO

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Zero Hedge
"Unexpected" Australian Rate Cut To Record Low Unleashes FX Havoc, Global "Risk Off"halved. HSBC Holdings Plc erased gains to fall 0.7 percent after posting a drop
"Unexpected" Australian Rate Cut To Record Low Unleashes FX Havoc, Global "Risk Off"
Zero Hedge / Posted 23 days ago
halved. HSBC Holdings Plc erased gains to fall 0.7 percent after posting a drop in profit. "Weak earnings and a strong euro are the main triggers for the market being down today,” said Heinz-Gerd Sonnenschein, a strategist at Deutsche Postbank... Read more
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Zero Hedge
Kuroda To The Rescue: Stocks Rebound After Latest BOJ Rumor Sends Yen Plungingas right after the Bloomberg "market trial balloon" was released, USDJPY spike
Kuroda To The Rescue: Stocks Rebound After Latest BOJ Rumor Sends Yen Plunging
Zero Hedge / Posted 1 months ago
as right after the Bloomberg "market trial balloon" was released, USDJPY spike to 110, at which point it took out all the stops and is now trading about 110.50. Japanese bank shares promptly rallied on optimism the measure could be adopted, with... Read more

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