US: Redbook Index contracted 2.7% MoM

FXstreet.com (Barcelona) - The Redbook index contracted 2.7% on a monthly basis during the week ended on April 7 and rose 2.0% YoY, against previous prints at 0.7% and 2.5%, respectively.

Apr 16, 2013

Forex: USD/JPY rises above 98.00 after US data

The dollar extended gains versus the yen and climbed back above 98.00 after data showed US housing starts rose more-than-expected in March and consumer prices came in slightly lower than expected.

Forex Flash: Large net selling of toshins due to profit-taking - Nomura

Nomura strategist Yujiro Goto notes that there have been large net selling of toshins due to profit taking as Japanese investors are estimated to have sold JPY254 bln of foreign currency denominated toshins last week according to NRI.