China MNI Business Sentiment Indicator increase to 58.5 in Apr from 58.2

Apr 26, 2013

Forex Flash: We stay skewed towards a lower EUR - Societe Generale

Global markets are in a sweet spot says Sebastien Galy, senior currency strategist at Societe Generale, who argues that hopes of "easy money and pro-growth policies are failing to depress equities..."

Forex: US Dollar slightly lower in Asia trade

The US Dollar is edging slightly lower against the majority of pairs during the Asia session, Commodity currencies are the main winners during Asia trade, with the Aussie up 37 pips at 1.0321 and the Kiwi up 31 pips at 0.8532. The sterling is also adding to gains from the previous session, up another 20 pips at 1.5453. On a final note, the USD/JPY continues to leak lower after the CPI release earlier in the session, now down 20 pips at 99.07