Monday's Currency News

Fears over exemptions to Volcker rule So-called "repo" transactions and securities lending, and near-term trading in currency and commodities, but not futures, will be permitted ECB poised to act to reassure markets The ECB has options to boost euro liquidity after last week's co-ordinated action with other central banks to provide dollar loans Mood improves as eurozone tensions ease Co-ordinated pledge by global policymakers to eurozone banks brings relief to markets but the bounce in sentiment remains fragile as worries persist Brazilian rescue plan sparks surprise Finance minister Guido Mantega's proposal for a Brics rescue of the eurozone surprised both world leaders and his compatriots Q&A: Central banks intervene in funding markets Dollar loans ease funding difficulties for eurozone institutions after US banks refuse to lend amid worries over Greek default and ratings downgrades