Further confirmation that the U.S. dollar is gradually losing its reserve status came today from an International Monetary Fund report on global holdings of foreignexchange reserves by central banks.
Several major currencies moved sharply about 20 seconds before Friday's nonfarm payrolls report, raising questions among some traders on foreign-exchange desks.
Foreign investors report presentations by the Central Bank mentioning a real (ie, inflation-adjusted) exchange rate that implies annual inflation of around 20%.