Japan to raise severity of latest Fukushima leak to level 3

FXstreet.com (Barcelona) - As the situation in the nuclear plant in Fukushima deteriorates, the Nikkei 225 has evaporated its early gains (+0.6%) to now trade almost 1% well into the red, with headlines crossing the wires that Japan is to raise (not raises as previously reported) severity of latest Fukushima leak to level 3, which is considered "serious radiation incident" on international scale-agency.

USD/SGD strong above 1.2750 ahead of FOMC

The USD/SGD foreign exchange rate is last trading near session highs at 1.2765 bids, limited so far below recent session highs at 1.2770 despite broad USD weakness against majors.
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