EU Feb Construction Output s.a (MoM) increase to -0.8% vs -2.1% in Jan. (YoY) 0.8% vs. -9.0%.

Apr 17, 2013

Forex: EUR/USD jumps from 1.3160 support ahead of EMU data

After falling to as low as 1.3153 on the European opening and testing the 20-day MA support at 1.3160, the EUR/USD finally jumped higher again ahead of the EMU construction output and German 10-year bond auction, returning to the 1.3188 high.

BoE Minutes: MPC voted 6-3 to keep stimulus steady

BoE Minutes from the MPC monetary policy meeting held on 3 and 4 April and released today reveal that the Committee voted unanimously in favor of maintaining the interest rate at 0.5%.