Market Currents
It seems curious for a central bank to comment, but the Bundesbank - shooting down a rumor its...
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Tuesday, January 22, 9:41 AM ETIt seems curious for a central bank to comment, but the Bundesbank - shooting down a rumor its president Jens Weidmann is stepping down - says it's concerned the rumor's purpose was to manipulate the market. Isn't that what the fx market is there for? Both the DAX and the euro dove sharply about 5-6 hours ago when the chatter began (they've since partly rebounded).
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