DislikedMy crystal ball also tells me that France will be in the rating agencies cross hairs before the end of this week.
.Ignored
Summary:
BNZ currency strategist, Mike Burrows states first reports from meeting is that a proper response covering all issues will be delivered on November 3 and 4, 2011 at the next G-20 meeing in Cannes, France.
The pair is currently 1.3356 vs 1.3375 late Friday.
Burrows expects support at 1.3310 and resistance at 1.3400
My comments:
No major developments for now. More hope and nothing definite for the moment. The only definite item today is the nationalization of Drexia.