Japan December Labor Cash Earnings (YoY) improves to 0.8% vs 0.6%

Feb 5, 2014

GBP/JPY losing steam and drops 166 handle

GBP/JPY is down on the day and lost the 166 handle while markets are awaiting the BoE despite decent data earlier, it’s a dovish looking picture.

Flash: Big movers - Rabobank

Strategists at Rabobank said 10-year Aussies were up 7bp yesterday to 4.07% following the RBA decision to leave rates on hold at 2.50%, as universally expected, but to also shift to a clear neutral bias. Also they analyse key moves in Sterling and EUR.