Fed to conduct POMO afterall

Pulled the buying on the uptick in volatility but now going to conduct the operation at 16:45 gmt. UPDATE; Fed amends time to 17:05 GMT.

Markets are stabilizing after Dow Jones ran old comments as a news flash and then the EU energy ministry retraced the comments…EUR/USD is at 1.3925. USD/JPY at 80.45.

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