Japan JP Foreign Reserves rose from previous $1265.9B to $1269.079B in November

FXStreet.com (Barcelona)

Dec 5, 2014

NZD/USD settles circa 0.7775 after 0.78 topside failure

After a decline to 0.7728 low pre-ECB, the Kiwi saw a major recovery against the US Dollar, 1 cent higher from the lows at one point, before giving back part of its gains to currently settle around 0.7775.

ECB's Draghi is playing hardball - RBS

Richard Barwell, Senior European Economist at RBS, notes that President Draghi is playing hardball, hoping that doing nothing in today's ECB meeting would increase the chance of doing enough tomorrow.