This G20 meeting is a real test of where global markets stand as the currency war theme links directly to the developments in risk appetite as well. Action is likely to stay heated in coming trading days. The ECB’s Weidmann got things off to an early start this morning, sending EURUSD 40 pips higher as the details of an interview were published early this morning in which the Bundesbank chief made a number of comments consistent with his hard-nosed rhetoric of late. See my squawk for a rundown of the highlights of this interview. The most interesting bit were in his speaking on behalf of Draghi and saying that the ... (full story)