US Fed's Kaplan says market corrections are healthy

US Federal Reserve's Kaplan speaking in Frankfurt 7 Feb

  • no implications as yet for underlying economy
  • market valuations high relative to history

No kidding. Thanks for all the useful insights.

Meanwhile back in the real world USD demand still prevailing but jury still out.

USDJPY 109.08 underpinned but tempered by yen demand. GBPUSD 1.3885 from 1.3873 EURUSD 1.2346 from 1.2337

Kaplan bragging again ??

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