United States Monthly Budget Statement came in at $-14B, below expectations ($-2.7B) in December

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Jan 13, 2016

GBP/JPY unable to hold above 171.00

The pound is rising versus the yen but moved off daily highs. GBP/JPY peaked during the Asian session at 171.28 boosted by risk appetite, but then the pound lost strength and pulled back.

EUR/GBP: bid not convincing enough before 0.7560

EUR/GBP is consolidated on the 0.75 handle on a recovery from recent lows of 0.7313.