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>> RESERVE BANK OF INDIA Latest News

APR 15, 2013 - Zero Hedge

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Macro View from FX

The new week has begun off like the last week ended.  The yen and the dollar are firm against the major and emerging market currencies.  The sell-off in the precious metals continues.  Japanese bond yields rose and the yield curve steepened.  The 10-year yield spread between the US and Japan continues to narrow and now near 107 bp is the lowest since mid-January. The market feels as if it has not re-found a balance since the BOJ's announcement, while being hit with other shocks, including disappointing US data and now, disappointing Chinese data.  Following last ... Read More

Tags: Macro View from FX,  Reserve Bank Of India Latest News