France Consumer Confidence flat at 84 in Apr

Apr 26, 2013

Forex: GBP/USD consolidates above 1.5400

The sterling keeps navigating above the 1.5400 handle on Friday, propped up by yesterday’s positive reading from the UK GDP during the first quarter, and averting a triple-dip recession at the same time...

Forex: USD/JPY rebounds from 98.23 low on BoJ outlook report

The market is bouncing from 98.23 low following the BoJ outlook report, indicating a big change in inflation in Japan. The central bank expects +1.4% in FY2014 excluding sales tax and 1.9% in 2015, while 0.7% in 2013. This comes as a big upside move from the previous outlook. The rebound reached 98.80 area.