The Euro And The Yuan Could Use Some Good Lovin'


What's German for "can't get a break?"

First Axel Weber steps down, now worries about Gremany's WestLB are helping drive the euro near a three week low. [WSJ]

Who's the lucky fella who will get to be the next head of the European Central Bank? [NYT]

This could get ugly: European regulators are at odds about new clearing and reporting rules for FX transactions in the region. []

China's trade surplus fell, and so did the yuan. [WSJ]

Just in case you didn't have enough to focus on in the FX market, interest rates are casting a bigger shadow. []


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