Euro Holds Momentum from Central Bank’s Action For Now

The Euro is holding onto gains made yesterday following the extraordinary move by the worlds’ major central banks to enhance U.S. Dollar liquidity. Source: DailyForex News

RPT-INSIGHT-China banks tackle bad service, long waits for more deposits

(Repeats story for wider distribution with no changes to text) Source: Reuters: Financial Services and Real Estate

Seoul shares slip as N.Korea fears, banks weigh

* Financials weak after FSC suspends troubled savings banks Source: Reuters: Financial Services and Real Estate

Central banks must avoid debt-monetizing stigma

DENVER, Jan 7 (Reuters) – Central banks must avoid letting their purchases of government debt be seen as a way to finance spending, rather than an effort to boost growth, a top Bank of Japan official said on Friday. Source: Reuters: Financial Services and Real Estate

European Banks Stress Tests Reveal No Shocks

The EUR hovered close to a two-month record vs the USD on Tuesday, retaining support after last week's European bank stress tests revealed no issues while demand for riskier assets weighed on the dollar increased significantly. Source: DailyForex News