FX Weekly: 4th April 2011
Yen hardest hit as global recovery story gains traction following weeks of multiple risk events
JPY pairs experienced the most volatile price action in the G20
Peripheral Europe funding problems, geopolitical stress in MENA and the Japanese earthquake all softened as market-moving themes
Fitch downgrades Portugal to BBB- from A-, negative outlook
Mixed Fed commentary leaves USD speculators in limbo – key FOMC minutes upcoming this coming week
JPY pairs experienced the most volatile price action in the G20
Peripheral Europe funding problems, geopolitical stress in MENA and the Japanese earthquake all softened as market-moving themes
Fitch downgrades Portugal to BBB- from A-, negative outlook
Mixed Fed commentary leaves USD speculators in limbo – key FOMC minutes upcoming this coming week
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