New Zealand Food Price Index (MoM) up to 0.6% in April from previous -0.3%

FXStreet.com (Barcelona)

May 13, 2014

GBP/JPY: Buy on weak pullback into support trendline -2ndSkies

Chris Capre, Founder at 2ndSkies, notes the ascending triangle formation in GBP/JPY, which has so far held as dynamic support to keep adding pressure for a potential breakout of the impregnable 173.50 resistance area.

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May 13, 2014

BoJ will not stop easing anytime soon - Nomura

The FX Strategy Team at Nomura believes that despite inflation momentum in Japan remains strong and the slowdown in the economy post the sales tax is fairly soft, the BOJ will not stop easing anytime soon, thus keeping the downside risk in USD/JPY limited.

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