Bloomberg with details of a note via GS on the yen, liking the currency:
- closing a recommendation to short the euro against the yen
- switching instead to shorting the dollar against the yne
GS looking for a "substantial" package from the ECB this week, including
- a 20 basis point deposit rate cut
- bond purchases of 30 billion euros a month for nine months
- forward guidance emphasizing a commitment to keep rates low
