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JAN 27, 2013 - Business Insider

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The Conversation At Davos That Actually Mattered To Financial Markets

SocGen's Michala Marcusen has a great paragraph on Davos in her latest weekly note. A more confident mood marked this year’s Davos meetings, but new concerns relating to unconventional monetary policies and currencies are emerging. French Minister of Finance Moscovici told a panel that the “euro is high and this creates some problems” and several eyebrows were raised at Japan’s new economic policy. Deputy Governor of the PBoC, Yi Gang, indicated that the yuan was close to equilibrium and warned that G20 leaders should seek better communication and coordination on FX. ... Read More

Tags: The Conversation At Davos That Actually Mattered To Financial Markets,  Euro Latest News