Japan's Post Bank sees USDJPY at 108.00 as "fair value"

Japan's Post Bank Co. published their latest review this Tuesday.

Key Headlines:

See USDJPY at 108.00 as "fair value"

Hard to expect yen to decline this year

Should not buy long-term JGBs at current levels

Started private equity investments in April

Will invest " a few hundred billion" yen in alternative assets this business year

Germany Current Account n.s.a. climbed from previous €20B to €30.4B in March

Germany Current Account n.s.a. climbed from previous €20B to €30.4B in March
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USD/CAD clings to gains below 1.3000

The Canadian dollar is now reclaiming some ground vs. its American neighbor, dragging USD/CAD to the 1.2970 area.
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