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3 Apr 2013

China Mar HSBC China Services PMI increase to 54.3 vs 52.1

Apr 3, 2013

Forex: GBP/USD breaks into 2-week low; no significant demand until 1.4950/1.50

GBP/USD has penetrated into a fresh 2-week low territory in Asia, after some large orders unraveled the stagnant 6 pips range between 1.5102/08 to now set the new low at 1.5075.
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Apr 3, 2013

Forex: EUR/USD struggling around 1.2800 on a broad USD bid

While Gold is having its 2 worst days in a row of selling off in last month as April contract delivers, EUR/USD is last at 1.2801, off recent session and 2-day lows at 1.2794, following FED Evans suggested bond buying program may reduce pace later in 2013, IFR John Noonan reported. EUR/USD is slightly below previous weekly close past Friday, down -0.14%.
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