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Rupiah Is Rising, Roubini Is Glum

Indonesia's rupiah is on a roll and high frequency traders are on the prowl. Time for your FX Fix.

Massachusetts joined other states in claiming that Bank of New York Mellon overcharged state pension funds for forex. [WSJ]

Indonesia's chief economy minister is not concerned about the rising rupiah. [WSJ]

Nouriel Roubini argues the euro zone is headed for a breakup. [FT]

Trichet thinks otherwise. [WSJ]

Strong Chinese economic data gave commodity-linked currencies a lift. [FT]

High-frequency traders are getting more interested in emerging market currencies. [Reuters]

Multi Currencies v the Dollar

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