Can the BoJ breath a little easier?

Despite the EUR's sell off in the final trading session of the week, the single currency has managed to regain some lost ground against most of the G10 and EM currencies. Analysts agree that the “policy process and the firewall thats been built around Greece” have been contributing to the “excessive degree of benefit of doubt” which in turn has helped promote this move. However, other factors in the background have also been aiding this trade. The dovish Fed message [...]

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