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FxBriefs Daily Wrap Up: Europe

Friday, May 31, 2013

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May 31, 2013


FXBriefs European Wrap… all rather ‘risk off’ into the month-end following Visco’s comments


MPC’s Posen says BOJ is doing the right thing


ECB’s Visco says ECB’s ready to intervene again on rates, will consider all measures to maintain current credit conditions.


UK April Mortgage approvals 53,710


Italian adjusted April unemployment 12%


EU Commissioner Rehn- EU states must use their extensions to implement structural reforms


Today’s orderboard


ECB’s Kranjec- Eurozone still in crisis and it’ll take time to get out of it


Swiss May KOF leading indicator rises to 1.10


German retail sales fall -0.4% m/m in April, but rise 1.8% y/y


ITO sees room for yen to fall to 110.00


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