BRIC leaders to discuss mutual trade settlements, reserve investment in BRIC currencies, swap agreements -Kremlin aide

Well that’s quite an agenda. The news isn’t helping the greenback, EUR/USD up at 1.3850, cable up at 1.6330.

EDIT: Now Kremlin aide is saying world economy doesn’t need currency turbulence, calls for cautious approach to global currency. Please!!!!

I knew it was going to be one of those days when I got out of bed this morning.

EDIT: Russia says rouble, yuan, commodity currencies, gold deserve to be included in IMF’s SDR basket.