Japan is hit by a deadly quake again

A powerful 7.3 magnitude earthquake struck a southern island in Japan, killing at least 25 people and injuring more than a thousand on Saturday morning.

Prime Minister Shinzo Abe said the speed of rescue efforts was critical given that wet weather is forecast overnight, which could further damage weakened buildings and cause landslides.

The epicentre of the quake was near the city of Kumamoto and measured at a shallow depth of 10 km (6 miles), the US Geological Survey said. It hit in the early hours of Saturday and follows a 6.4 magnitude quake on Thursday which killed nine people in the area.

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n”,”OwnerId”:”fded5f46-808f-67db-84fb-ff0500d90345″,”PublicationDate”:”2016-03-09T08:58:44.47Z”,”PublicationDateDisplay”:null,”JsType”:”TransitionSidebar”,”Id”:”6e2b6646-808f-67db-84fb-ff0500d90345″,”Title”:”Transition 3 – 300×75 GAIN”,”Url”:”transition-3—320×77″,”CultureName”:null},“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”Matías Salord”,”ImageUrl”:”http://editorial.fxstreet.com/authors/Matias%20Salord.JPG”,”Bio”:”Matías Salord in an economist with studies in social communication. He has more than 10 years of experience specializing in financial markets. Matias has been working with FXStreet since 2009 in the news and analysis section.”,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”Title”:null,”Url”:”/author/matías-salord”,”CultureName”:null,”Company”:“Name”:”FXStreet”,”CompanyUrl”:null,”Address”:null,”UrlSEO”:null,”ImageUrl”:”https://editorial.blob.core.windows.net/authors/Companies/FXStreet.png”,”Description”:”

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market and was founded in 2000.

The website offers a wide range of tools and resources: 24/5 currency news, real-time economic calendar, advanced rates and charts, educational webinars, analysis reports, forecasts, Learning Center, newsletters, industry services, FX customizable studies…

As its distinctive trademark, the portal has always been proud of its unyielding compromise to provide neutral and unbiased information and to enable its users to take better and more confident decisions. FXStreet has managed to gain the collaboration of the entire Forex industry, from individual professionals and small companies right up to Forex Brokers and Investment Banks. FXStreet covers the FX Market 24/5: an expert team of journalists, traders and economists picture what the market is doing and what is happening as it happens.

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FXStreet was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

“,”DisclaimerHtml”:”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.”,”SocialMedias”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”852b9932-1ccb-4a23-bb49-3e6772db28bc”,”Title”:null,”Url”:”/company/fxstreet”,”CultureName”:null,”Categories”:[“Id”:”a8af8d3f-ef12-403d-baed-42e4b775b954″,”Name”:”China”,”FullUrl”:”http://www.fxstreet.com/economic-calendar/country/008b7644-4680-4a81-829e-b5cdbe334391″,“Id”:”08c0d529-0bca-4d68-90ac-1457f105b031″,”Name”:”Growth”,”FullUrl”:”http://www.fxstreet.com/macroeconomics/economic-indicator/growth”,“Id”:”6b35bd84-04ac-4dd1-9674-390787d2c390″,”Name”:”GDP”,”FullUrl”:”http://www.fxstreet.com/macroeconomics/economic-indicator/gdp”],”Image”:“Url_XtraLarge”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Asia/China/china-flag-42255760_XtraLarge.jpg”,”Url_Large”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Asia/China/china-flag-42255760_Large.jpg”,”Url_Medium”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Asia/China/china-flag-42255760_Medium.jpg”,”Url_Small”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Asia/China/china-flag-42255760_Small.jpg”,”Url_XtraSmall”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Asia/China/china-flag-42255760_XtraSmall.jpg”,”Url_Nano”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Asia/China/china-flag-42255760_Nano.jpg”,”Caption”:”China”,”Copyright”:”iStock”,”Title”:”China: We look for further deceleration – Wells Fargo”,”Summary”:”Analysts from Wells Fargo analyze if the Chinese economy is headed for a “soft landing”. They expect further deceleration but no collapse.nnnnKey Quot”,”Content”:”

Analysts from Wells Fargo analyze if the Chinese economy is headed for a “soft landing”. They expect further deceleration but no collapse.
n
nKey Quotes:
n
n“Data released today (04/15) showed that real GDP in China grew at a year-overyear rate of 6.7 percent in the first quarter. The outturn represented a modest slowdown relative to the 6.8 percent rate that was registered in Q4-2015, but it exactly matched the consensus forecast. In short, it appears that the Chinese economy is more or less coming in for a “soft landing.”
n
n“In our view, growth in the Chinese economy will continue to slow. We look for real GDP, which grew 6.9 percent in 2015, to expand 6.3 percent this year and 5.8 percent in 2017.”
n
n“Our forecasted growth rates are softer than the consensus for both years. But we believe that the worst fears of an imminent collapse in the Chinese economy are overblown. With the central bank’s main policy rate at 4.35 percent, authorities have ample “ammunition” to support the economy, should they need it. China indeed has some long-term economic problems, but a near-term collapse in economic activity does not seem likely.”

n”,”ContentPlainText”:”Analysts from Wells Fargo analyze if the Chinese economy is headed for a “soft landing”. They expect further deceleration but no collapse. Key Quotes: “Data released today (04/15) showed that real GDP in China grew at a year-overyear rate of 6.7 percent in the first quarter. The outturn represented a modest slowdown relative to the 6.8 percent rate that was registered in Q4-2015, but it exactly matched the consensus forecast. In short, it appears that the Chinese economy is more or less coming in for a “soft landing.” “In our view, growth in the Chinese economy will continue to slow. We look for real GDP, which grew 6.9 percent in 2015, to expand 6.3 percent this year and 5.8 percent in 2017.” “Our forecasted growth rates are softer than the consensus for both years. But we believe that the worst fears of an imminent collapse in the Chinese economy are overblown. With the central bank’s main policy rate at 4.35 percent, authorities have ample “ammunition” to support the economy, should they need it. China indeed has some long-term economic problems, but a near-term collapse in economic activity does not seem likely.””,”SEO”:“MetaTitle”:”China: We look for further deceleration – Wells Fargo”,”MetaDescription”:”Analysts from Wells Fargo analyze if the Chinese economy is headed for a “soft landing”. They expect further deceleration but no collapse.nnnnKey Quot”,”KeyWords”:”China, Growth, GDP”,”FullUrl”:”http://www.fxstreet.com/news/china-we-look-for-further-deceleration—wells-fargo-201604151935″,”WordCount”:203,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”PublicationDate”:”2016-04-15T19:35:52Z”,”PublicationDateDisplay”:”Apr 15, 19:35 GMT”,”JsType”:”PieceOfNews”,”Id”:”d0b87546-808f-67db-84fb-ff0500d90345″,”Title”:”China: We look for further deceleration – Wells Fargo”,”Url”:”china-we-look-for-further-deceleration—wells-fargo-201604151935″,”CultureName”:”en”,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”Matías Salord”,”ImageUrl”:”http://editorial.fxstreet.com/authors/Matias%20Salord.JPG”,”Bio”:”Matías Salord in an economist with studies in social communication. He has more than 10 years of experience specializing in financial markets. Matias has been working with FXStreet since 2009 in the news and analysis section.”,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”Title”:null,”Url”:”/author/matías-salord”,”CultureName”:null,”Company”:“Name”:”FXStreet”,”CompanyUrl”:null,”Address”:null,”UrlSEO”:null,”ImageUrl”:”https://editorial.blob.core.windows.net/authors/Companies/FXStreet.png”,”Description”:”

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market and was founded in 2000.

FXStreet was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

“,”DisclaimerHtml”:”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.”,”SocialMedias”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”852b9932-1ccb-4a23-bb49-3e6772db28bc”,”Title”:null,”Url”:”/company/fxstreet”,”CultureName”:null,”Categories”:[“Id”:”aa7500b1-5d8d-47de-acd9-b7801f5ab7e1″,”Name”:”EURJPY”,”FullUrl”:”http://www.fxstreet.com/rates-charts/eurjpy”],”Image”:“Url_XtraLarge”:”http://editorial.fxstreet.com/images/Markets/Currencies/Crosses/EURJPY/forex-euro-and-japanese-currency-pair-with-calculator-4580994_XtraLarge.jpg”,”Url_Large”:”http://editorial.fxstreet.com/images/Markets/Currencies/Crosses/EURJPY/forex-euro-and-japanese-currency-pair-with-calculator-4580994_Large.jpg”,”Url_Medium”:”http://editorial.fxstreet.com/images/Markets/Currencies/Crosses/EURJPY/forex-euro-and-japanese-currency-pair-with-calculator-4580994_Medium.jpg”,”Url_Small”:”http://editorial.fxstreet.com/images/Markets/Currencies/Crosses/EURJPY/forex-euro-and-japanese-currency-pair-with-calculator-4580994_Small.jpg”,”Url_XtraSmall”:”http://editorial.fxstreet.com/images/Markets/Currencies/Crosses/EURJPY/forex-euro-and-japanese-currency-pair-with-calculator-4580994_XtraSmall.jpg”,”Url_Nano”:”http://editorial.fxstreet.com/images/Markets/Currencies/Crosses/EURJPY/forex-euro-and-japanese-currency-pair-with-calculator-4580994_Nano.jpg”,”Caption”:”EUR/JPY”,”Copyright”:”iStock”,”Title”:”EUR/JPY consolidating dangerously below 123.00″,”Summary”:”EUR/JPY attempted to recover on Friday but lost momentum and turned to the downside on a quiet session, breaking below 123.00 and also below yesterday”,”Content”:”

EUR/JPY attempted to recover on Friday but lost momentum and turned to the downside on a quiet session, breaking below 123.00 and also below yesterday’s low. Price bottomed at 122.63, reaching the lowest level in a week.
n
nDuring the previous days EUR/JPY moved in ranges but toward the end of the week turned to the downside, and did not rose back (like it happed on Thursday) amid a stronger yen.
n
nA test of 122.00 coming?
n
nPrice is consolidating below 123.00. Despite holding above 2016 lows, the pair is about to post a daily and a weekly close under the 123.00 handle. On the daily chart 123.00 offered resistance last week and also during March. A consolidation below could add pressure to the euro exposing 122.00, where 2016 lows are located.
n
nFor the euro is the second weekly decline in a row and implicates a confirmation of the losses of the previous week when it dropped from 127.20 to 123.20 and it gives signals that the downside pressure still persists.

n”,”ContentPlainText”:”EUR/JPY attempted to recover on Friday but lost momentum and turned to the downside on a quiet session, breaking below 123.00 and also below yesterday’s low. Price bottomed at 122.63, reaching the lowest level in a week. During the previous days EUR/JPY moved in ranges but toward the end of the week turned to the downside, and did not rose back (like it happed on Thursday) amid a stronger yen. A test of 122.00 coming? Price is consolidating below 123.00. Despite holding above 2016 lows, the pair is about to post a daily and a weekly close under the 123.00 handle. On the daily chart 123.00 offered resistance last week and also during March. A consolidation below could add pressure to the euro exposing 122.00, where 2016 lows are located. For the euro is the second weekly decline in a row and implicates a confirmation of the losses of the previous week when it dropped from 127.20 to 123.20 and it gives signals that the downside pressure still persists.”,”SEO”:“MetaTitle”:”EUR/JPY consolidating dangerously below 123.00″,”MetaDescription”:”EUR/JPY attempted to recover on Friday but lost momentum and turned to the downside on a quiet session, breaking below 123.00 and also below yesterday”,”KeyWords”:”EURJPY”,”FullUrl”:”http://www.fxstreet.com/news/eur-jpy-consolidating-dangerously-below-123-00-201604151919″,”WordCount”:180,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”PublicationDate”:”2016-04-15T19:19:01Z”,”PublicationDateDisplay”:”Apr 15, 19:19 GMT”,”JsType”:”PieceOfNews”,”Id”:”c6b87546-808f-67db-84fb-ff0500d90345″,”Title”:”EUR/JPY consolidating dangerously below 123.00″,”Url”:”eur-jpy-consolidating-dangerously-below-123-00-201604151919″,”CultureName”:”en”,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”Matías Salord”,”ImageUrl”:”http://editorial.fxstreet.com/authors/Matias%20Salord.JPG”,”Bio”:”Matías Salord in an economist with studies in social communication. He has more than 10 years of experience specializing in financial markets. Matias has been working with FXStreet since 2009 in the news and analysis section.”,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”Title”:null,”Url”:”/author/matías-salord”,”CultureName”:null,”Company”:“Name”:”FXStreet”,”CompanyUrl”:null,”Address”:null,”UrlSEO”:null,”ImageUrl”:”https://editorial.blob.core.windows.net/authors/Companies/FXStreet.png”,”Description”:”

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market and was founded in 2000.

FXStreet was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

“,”DisclaimerHtml”:”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.”,”SocialMedias”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”852b9932-1ccb-4a23-bb49-3e6772db28bc”,”Title”:null,”Url”:”/company/fxstreet”,”CultureName”:null,”Categories”:[“Id”:”ca58773f-8f49-4b0c-a96a-dd2ba9840799″,”Name”:”Banks”,”FullUrl”:”http://www.fxstreet.com/market-participants/banks”,“Id”:”5f91ad8f-26cd-4643-9233-46bd18b03a70″,”Name”:”EURUSD”,”FullUrl”:”http://www.fxstreet.com/rates-charts/eurusd”],”Image”:“Url_XtraLarge”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_1_XtraLarge.jpg”,”Url_Large”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_1_Large.jpg”,”Url_Medium”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_1_Medium.jpg”,”Url_Small”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_1_Small.jpg”,”Url_XtraSmall”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_1_XtraSmall.jpg”,”Url_Nano”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_1_Nano.jpg”,”Caption”:”EUR/USD”,”Copyright”:”iStock”,”Title”:”EUR/USD sideways before moving higher in longer term – Danske”,”Summary”:”According to analysts from Danske Bank, EUR/USD will continue to move sideways in a three month period with some downside pressure, and then will move”,”Content”:”

According to analysts from Danske Bank, EUR/USD will continue to move sideways in a three month period with some downside pressure, and then will move higher drive by valuation and current account flows.
n
nKey Quotes:
n
n“EUR/USD has traded in a broad range over the past year between 1.05-1.15 and is now in the upper part of the range around 1.125. We look for EUR/USD to move broadly sideways on a 3M horizon with some downward pressure short term.”
n
n“The cross will face dampening factors from risks surrounding the Brexit vote and relative rates between the US and the euro area are gaining more importance as speculative positions are much more balanced, having been strongly long the USD. With only one hike priced in from the Fed this year, we see scope for some upward pressure on short-end yields in the US, which would work in favour of the USD. However, longer term, we still look for a higher EUR/USD driven by valuation and current account flows being in favour of the EUR.”

n”,”ContentPlainText”:”According to analysts from Danske Bank, EUR/USD will continue to move sideways in a three month period with some downside pressure, and then will move higher drive by valuation and current account flows. Key Quotes: “EUR/USD has traded in a broad range over the past year between 1.05-1.15 and is now in the upper part of the range around 1.125. We look for EUR/USD to move broadly sideways on a 3M horizon with some downward pressure short term.” “The cross will face dampening factors from risks surrounding the Brexit vote and relative rates between the US and the euro area are gaining more importance as speculative positions are much more balanced, having been strongly long the USD. With only one hike priced in from the Fed this year, we see scope for some upward pressure on short-end yields in the US, which would work in favour of the USD. However, longer term, we still look for a higher EUR/USD driven by valuation and current account flows being in favour of the EUR.””,”SEO”:“MetaTitle”:”EUR/USD sideways before moving higher in longer term – Danske”,”MetaDescription”:”According to analysts from Danske Bank, EUR/USD will continue to move sideways in a three month period with some downside pressure, and then will move”,”KeyWords”:”Banks, EURUSD”,”FullUrl”:”http://www.fxstreet.com/news/eur-usd-sideways-before-moving-higher-in-longer-term—danske-201604151832″,”WordCount”:181,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”PublicationDate”:”2016-04-15T18:32:51Z”,”PublicationDateDisplay”:”Apr 15, 18:32 GMT”,”JsType”:”PieceOfNews”,”Id”:”6cb87546-808f-67db-84fb-ff0500d90345″,”Title”:”EUR/USD sideways before moving higher in longer term – Danske”,”Url”:”eur-usd-sideways-before-moving-higher-in-longer-term—danske-201604151832″,”CultureName”:”en”,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”Matías Salord”,”ImageUrl”:”http://editorial.fxstreet.com/authors/Matias%20Salord.JPG”,”Bio”:”Matías Salord in an economist with studies in social communication. He has more than 10 years of experience specializing in financial markets. Matias has been working with FXStreet since 2009 in the news and analysis section.”,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”Title”:null,”Url”:”/author/matías-salord”,”CultureName”:null,”Company”:“Name”:”FXStreet”,”CompanyUrl”:null,”Address”:null,”UrlSEO”:null,”ImageUrl”:”https://editorial.blob.core.windows.net/authors/Companies/FXStreet.png”,”Description”:”

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market and was founded in 2000.

FXStreet was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

“,”DisclaimerHtml”:”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.”,”SocialMedias”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”852b9932-1ccb-4a23-bb49-3e6772db28bc”,”Title”:null,”Url”:”/company/fxstreet”,”CultureName”:null,”Categories”:[“Id”:”687e83bb-0293-4765-af4e-86c6d658cc0d”,”Name”:”UnitedKingdom”,”FullUrl”:”http://www.fxstreet.com/economic-calendar/country/652a1f9f-5ffe-42de-a53f-e30900fef5e5″,“Id”:”ca58773f-8f49-4b0c-a96a-dd2ba9840799″,”Name”:”Banks”,”FullUrl”:”http://www.fxstreet.com/market-participants/banks”,“Id”:”08c0d529-0bca-4d68-90ac-1457f105b031″,”Name”:”Growth”,”FullUrl”:”http://www.fxstreet.com/macroeconomics/economic-indicator/growth”],”Image”:“Url_XtraLarge”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/United Kingdom/flag-of-great-britain-3851330_XtraLarge.jpg”,”Url_Large”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/United Kingdom/flag-of-great-britain-3851330_Large.jpg”,”Url_Medium”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/United Kingdom/flag-of-great-britain-3851330_Medium.jpg”,”Url_Small”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/United Kingdom/flag-of-great-britain-3851330_Small.jpg”,”Url_XtraSmall”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/United Kingdom/flag-of-great-britain-3851330_XtraSmall.jpg”,”Url_Nano”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/United Kingdom/flag-of-great-britain-3851330_Nano.jpg”,”Caption”:”UK macro outlook”,”Copyright”:”iStock”,”Title”:”UK outlook: GDP growth set to slow in Q1 – Lloyds”,”Summary”:”Analysts from Lloyds Bank explain that activity indicators since the start of 2016 point to a slowdown in GDP growth during the first quarter in the U”,”Content”:”

Analysts from Lloyds Bank explain that activity indicators since the start of 2016 point to a slowdown in GDP growth during the first quarter in the United Kingdom.
n
nKey Quotes:
n
n“May Inflation Report unlikely to alter our forecast that the MPC will tighten policy in late 2017. “
n
n“Recent indicators suggest a slight moderation in the pace of activity The final official estimate of UK Q4 GDP revealed a 0.1pp upward revision to 0.6% q/q from the second estimate. As a result, overall activity during 2015 was also revised up by 0.1pp to 2.3%, although this is still down on the 2.8% recorded in 2014.”
n
n“More recent indicators of activity, including industrial production and business and consumer surveys, have suggested that GDP growth could slow in Q1. Much of the decline in sentiment appears to have reflected heightened anxieties about global growth prospects which were particularly acute in January and early February.”
n
n“Consequently, we anticipate that growth will slow to 0.4% q/q in Q1 before edging up to 0.5% in Q2.”
n
n“Headline and core inflation both surprised on the upside in March. Headline CPI rose by 0.5% y/y which was its fastest pace since December 2014. Meanwhile the core rate, which excludes energy, food, alcohol and tobacco, increased from 1.2% y/y in February to 1.5% in March. (…) We expect another 0.5% headline print in April as the upward impulses from weaker sterling, positive energy price base effects and further Budget-linked duties are countered by an unwinding of the impact from airline charges and easing household energy bills.”
n
n“The current market expectation that the Bank Rate will remain at 0.5% until 2020 continues to look excessively dovish. We maintain our view that the first hike will take place towards the end of 2017.”

n”,”ContentPlainText”:”Analysts from Lloyds Bank explain that activity indicators since the start of 2016 point to a slowdown in GDP growth during the first quarter in the United Kingdom. Key Quotes: “May Inflation Report unlikely to alter our forecast that the MPC will tighten policy in late 2017. “ “Recent indicators suggest a slight moderation in the pace of activity The final official estimate of UK Q4 GDP revealed a 0.1pp upward revision to 0.6% q/q from the second estimate. As a result, overall activity during 2015 was also revised up by 0.1pp to 2.3%, although this is still down on the 2.8% recorded in 2014.” “More recent indicators of activity, including industrial production and business and consumer surveys, have suggested that GDP growth could slow in Q1. Much of the decline in sentiment appears to have reflected heightened anxieties about global growth prospects which were particularly acute in January and early February.” “Consequently, we anticipate that growth will slow to 0.4% q/q in Q1 before edging up to 0.5% in Q2.” “Headline and core inflation both surprised on the upside in March. Headline CPI rose by 0.5% y/y which was its fastest pace since December 2014. Meanwhile the core rate, which excludes energy, food, alcohol and tobacco, increased from 1.2% y/y in February to 1.5% in March. (…) We expect another 0.5% headline print in April as the upward impulses from weaker sterling, positive energy price base effects and further Budget-linked duties are countered by an unwinding of the impact from airline charges and easing household energy bills.” “The current market expectation that the Bank Rate will remain at 0.5% until 2020 continues to look excessively dovish. We maintain our view that the first hike will take place towards the end of 2017.””,”SEO”:“MetaTitle”:”UK outlook: GDP growth set to slow in Q1 – Lloyds”,”MetaDescription”:”Analysts from Lloyds Bank explain that activity indicators since the start of 2016 point to a slowdown in GDP growth during the first quarter in the U”,”KeyWords”:”UnitedKingdom, Banks, Growth”,”FullUrl”:”http://www.fxstreet.com/news/uk-outlook-gdp-growth-set-to-slow-in-q1—lloyds-201604151816″,”WordCount”:308,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”PublicationDate”:”2016-04-15T18:16:22Z”,”PublicationDateDisplay”:”Apr 15, 18:16 GMT”,”JsType”:”PieceOfNews”,”Id”:”58b87546-808f-67db-84fb-ff0500d90345″,”Title”:”UK outlook: GDP growth set to slow in Q1 – Lloyds”,”Url”:”uk-outlook-gdp-growth-set-to-slow-in-q1—lloyds-201604151816″,”CultureName”:”en”,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”Ani Salama”,”ImageUrl”:”http://editorial.fxstreet.com/authors/ani-salama-author-photoMedium.jpeg”,”Bio”:”Ani Salama is an Economist specialized in financial markets and statistics analysis and she is the head of the FXStreet American team. In 2010, she joined FXstreet where she now contributes with the news section.”,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”154ae9ae-6be3-4221-baf8-b6e3df61e6d3″,”Title”:null,”Url”:”/author/ani-salama”,”CultureName”:null,”Company”:“Name”:”FXStreet”,”CompanyUrl”:null,”Address”:null,”UrlSEO”:null,”ImageUrl”:”https://editorial.blob.core.windows.net/authors/Companies/FXStreet.png”,”Description”:”

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market and was founded in 2000.

FXStreet was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

“,”DisclaimerHtml”:”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.”,”SocialMedias”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”852b9932-1ccb-4a23-bb49-3e6772db28bc”,”Title”:null,”Url”:”/company/fxstreet”,”CultureName”:null,”Categories”:[“Id”:”f29d883c-d685-47d4-8152-58fbb1fff04b”,”Name”:”Fed”,”FullUrl”:”http://www.fxstreet.com/macroeconomics/central-banks/fed”,“Id”:”6e7a9711-3ad6-47bb-8145-84908af2786f”,”Name”:”CentralBanks”,”FullUrl”:”http://www.fxstreet.com/macroeconomics/central-banks”,“Id”:”e27abdc5-4754-4bcd-9a99-bce576aebb46″,”Name”:”InterestRate”,”FullUrl”:”http://www.fxstreet.com/economic-calendar/world-interest-rates”],”Image”:“Url_XtraLarge”:”http://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/FED/new-us-2013-100-bill-federal-reserve-seal-extreme-macro-28149984_XtraLarge.jpg”,”Url_Large”:”http://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/FED/new-us-2013-100-bill-federal-reserve-seal-extreme-macro-28149984_Large.jpg”,”Url_Medium”:”http://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/FED/new-us-2013-100-bill-federal-reserve-seal-extreme-macro-28149984_Medium.jpg”,”Url_Small”:”http://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/FED/new-us-2013-100-bill-federal-reserve-seal-extreme-macro-28149984_Small.jpg”,”Url_XtraSmall”:”http://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/FED/new-us-2013-100-bill-federal-reserve-seal-extreme-macro-28149984_XtraSmall.jpg”,”Url_Nano”:”http://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/FED/new-us-2013-100-bill-federal-reserve-seal-extreme-macro-28149984_Nano.jpg”,”Caption”:”fed”,”Copyright”:”istock”,”Title”:”Fed’s Evans says a rate hike could be appropriate in June or little later”,”Summary”:”Federal Reserve of Chicago President Charles Evans said Friday that a rate hike could be appropriate in June or little later and he continues to expect…”,”Content”:”

Federal Reserve of Chicago President Charles Evans said Friday that a rate hike could be appropriate in June or little later and he continues to expect modest increases in policy path this year.
n
nSpeaking in Washington DC, Evans said US economic fundamentals are good. He expects GDP growth between 2% and 2.5% in 2016 and that the jobless rate should decline to 4.75%. Evans added that the Fed doesn’t pay more attention to financial market volatility than in the past.

n”,”ContentPlainText”:”Federal Reserve of Chicago President Charles Evans said Friday that a rate hike could be appropriate in June or little later and he continues to expect modest increases in policy path this year. Speaking in Washington DC, Evans said US economic fundamentals are good. He expects GDP growth between 2% and 2.5% in 2016 and that the jobless rate should decline to 4.75%. Evans added that the Fed doesn’t pay more attention to financial market volatility than in the past.”,”SEO”:“MetaTitle”:”Fed’s Evans says a rate hike could be appropriate in June or little later”,”MetaDescription”:”Federal Reserve of Chicago President Charles Evans said Friday that a rate hike could be appropriate in June or little later and he continues to expect…”,”KeyWords”:”Fed, CentralBanks, InterestRate”,”FullUrl”:”http://www.fxstreet.com/news/fed’s-evans-says-a-rate-hike-could-be-appropriate-in-june-or-little-later-201604151745″,”WordCount”:83,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”154ae9ae-6be3-4221-baf8-b6e3df61e6d3″,”PublicationDate”:”2016-04-15T17:45:50Z”,”PublicationDateDisplay”:”Apr 15, 17:45 GMT”,”JsType”:”PieceOfNews”,”Id”:”0fb47546-808f-67db-84fb-ff0500d90345″,”Title”:”Fed’s Evans says a rate hike could be appropriate in June or little later”,”Url”:”fed’s-evans-says-a-rate-hike-could-be-appropriate-in-june-or-little-later-201604151745″,”CultureName”:”en”,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”FXStreet Team”,”ImageUrl”:”http://editorial.fxstreet.com/authors/Companies/FXStreet.png”,”Bio”:null,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”334ed883-650b-42cd-80c3-6a4275605177″,”Title”:null,”Url”:”/author/fxstreet-team”,”CultureName”:null,”Company”:null,”Categories”:[],”Image”:null,”Summary”:”United States Reuters/Michigan Consumer Sentiment Index below expectations (92) in April: Actual (89.7)”,”Content”:”For more information, read our latest forex news.”,”ContentPlainText”:”For more information, read our latest forex news.”,”SEO”:“MetaTitle”:”United States Reuters/Michigan Consumer Sentiment Index below expectations (92) in April: Actual (89.7)”,”MetaDescription”:”United States Reuters/Michigan Consumer Sentiment Index below expectations (92) in April: Actual (89.7)”,”KeyWords”:””,”FullUrl”:”http://www.fxstreet.com/news/united-states-reuters-michigan-consumer-sentiment-index-below-expectations-(92)-in-april-actual-(89-7)-201604151737″,”WordCount”:8,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”334ed883-650b-42cd-80c3-6a4275605177″,”PublicationDate”:”2016-04-15T17:37:46.283Z”,”PublicationDateDisplay”:”Apr 15, 17:37 GMT”,”JsType”:”PieceOfNews”,”Id”:”28b37546-808f-67db-84fb-ff0500d90345″,”Title”:”United States Reuters/Michigan Consumer Sentiment Index below expectations (92) in April: Actual (89.7)”,”Url”:”united-states-reuters-michigan-consumer-sentiment-index-below-expectations-(92)-in-april-actual-(89-7)-201604151737″,”CultureName”:”en”,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”Ani Salama”,”ImageUrl”:”http://editorial.fxstreet.com/authors/ani-salama-author-photoMedium.jpeg”,”Bio”:”Ani Salama is an Economist specialized in financial markets and statistics analysis and she is the head of the FXStreet American team. In 2010, she joined FXstreet where she now contributes with the news section.”,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”154ae9ae-6be3-4221-baf8-b6e3df61e6d3″,”Title”:null,”Url”:”/author/ani-salama”,”CultureName”:null,”Company”:“Name”:”FXStreet”,”CompanyUrl”:null,”Address”:null,”UrlSEO”:null,”ImageUrl”:”https://editorial.blob.core.windows.net/authors/Companies/FXStreet.png”,”Description”:”

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market and was founded in 2000.

FXStreet was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

“,”DisclaimerHtml”:”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.”,”SocialMedias”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”852b9932-1ccb-4a23-bb49-3e6772db28bc”,”Title”:null,”Url”:”/company/fxstreet”,”CultureName”:null,”Categories”:[“Id”:”5f91ad8f-26cd-4643-9233-46bd18b03a70″,”Name”:”EURUSD”,”FullUrl”:”http://www.fxstreet.com/rates-charts/eurusd”,“Id”:”ca58773f-8f49-4b0c-a96a-dd2ba9840799″,”Name”:”Banks”,”FullUrl”:”http://www.fxstreet.com/market-participants/banks”],”Image”:“Url_XtraLarge”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/euro-coins-gm520443967-49899402_XtraLarge.jpg”,”Url_Large”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/euro-coins-gm520443967-49899402_Large.jpg”,”Url_Medium”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/euro-coins-gm520443967-49899402_Medium.jpg”,”Url_Small”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/euro-coins-gm520443967-49899402_Small.jpg”,”Url_XtraSmall”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/euro-coins-gm520443967-49899402_XtraSmall.jpg”,”Url_Nano”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/euro-coins-gm520443967-49899402_Nano.jpg”,”Caption”:”eurusd”,”Copyright”:”istock”,”Title”:”EUR/USD: Limited downside potential – Commerzbank”,”Summary”:”The EUR has recently depreciated slightly versus the USD, and with a view to next week’s ECB meeting, the EUR weakness looks set to continue for now…”,”Content”:”

The EUR has recently depreciated slightly versus the USD, and with a view to next week’s ECB meeting, the EUR weakness looks set to continue for now, said Thu Lan Nguyen, analyst at commerzbank. But the downside potential in EUR/USD is limited, as uncertainty regarding the further course of action by the ECB and the Fed remains high, the analyst said.
n
nKey Quotes
n
n“EUR/USD has broken out of its narrow trading range of the last two weeks to the downside. For one thing, this is due to a general USD rally after the US currency had traded much weaker recently on the back of the more dovish Fed. But an extremely cautious Fed approach has now been priced in sufficiently. Moreover, several FOMC members have struck a somewhat more optimistic tone of late. For example, Philadelphia Fed President Patrick Harker and San Francisco Fed President John Williams see a real possibility of up to three rate moves in the course of this year.”
n
n“But the EUR has also become weaker recently. And this weakness looks set to continue with a view to the ECB meeting in the coming week. Against the backdrop of the disappointing development of inflation expectations in the euro zone, the ECB will probably signal that it is still highly willing to take additional expansionary measures. In this context it is likely that ECB President Mario Draghi will make it clear that the ECB could indeed lower its interest rates further – after his corresponding comments following the last meeting were interpreted differently by the market, which caused the EUR to appreciate (chart 19). Although Draghi will surely deny that the package of measures adopted in March aimed to weaken the EUR exchange rate, the fact cannot be dismissed that the stronger EUR is not conducive to the ECB’s inflation efforts. Therefore, the market reaction seen at the time can hardly have been desirable.”
n
n“But the downside potential in EUR/USD remains limited near-term. Most market participants may remain sceptical as to whether the ECB can still ease its monetary policy at all. At the same time, they will not count on an imminent rate hike by the Fed as long as they get no unambiguous signal from the Fed officials, for example in the statement after the next meeting on 26/27 April.”

n”,”ContentPlainText”:”The EUR has recently depreciated slightly versus the USD, and with a view to next week’s ECB meeting, the EUR weakness looks set to continue for now, said Thu Lan Nguyen, analyst at commerzbank. But the downside potential in EUR/USD is limited, as uncertainty regarding the further course of action by the ECB and the Fed remains high, the analyst said. Key Quotes “EUR/USD has broken out of its narrow trading range of the last two weeks to the downside. For one thing, this is due to a general USD rally after the US currency had traded much weaker recently on the back of the more dovish Fed. But an extremely cautious Fed approach has now been priced in sufficiently. Moreover, several FOMC members have struck a somewhat more optimistic tone of late. For example, Philadelphia Fed President Patrick Harker and San Francisco Fed President John Williams see a real possibility of up to three rate moves in the course of this year.” “But the EUR has also become weaker recently. And this weakness looks set to continue with a view to the ECB meeting in the coming week. Against the backdrop of the disappointing development of inflation expectations in the euro zone, the ECB will probably signal that it is still highly willing to take additional expansionary measures. In this context it is likely that ECB President Mario Draghi will make it clear that the ECB could indeed lower its interest rates further – after his corresponding comments following the last meeting were interpreted differently by the market, which caused the EUR to appreciate (chart 19). Although Draghi will surely deny that the package of measures adopted in March aimed to weaken the EUR exchange rate, the fact cannot be dismissed that the stronger EUR is not conducive to the ECB’s inflation efforts. Therefore, the market reaction seen at the time can hardly have been desirable.” “But the downside potential in EUR/USD remains limited near-term. Most market participants may remain sceptical as to whether the ECB can still ease its monetary policy at all. At the same time, they will not count on an imminent rate hike by the Fed as long as they get no unambiguous signal from the Fed officials, for example in the statement after the next meeting on 26/27 April.””,”SEO”:“MetaTitle”:”EUR/USD: Limited downside potential – Commerzbank”,”MetaDescription”:”The EUR has recently depreciated slightly versus the USD, and with a view to next week’s ECB meeting, the EUR weakness looks set to continue for now…”,”KeyWords”:”EURUSD, Banks”,”FullUrl”:”http://www.fxstreet.com/news/eur-usd-limited-downside-potential—commerzbank-201604151726″,”WordCount”:391,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”154ae9ae-6be3-4221-baf8-b6e3df61e6d3″,”PublicationDate”:”2016-04-15T17:26:46Z”,”PublicationDateDisplay”:”Apr 15, 17:26 GMT”,”JsType”:”PieceOfNews”,”Id”:”bcb27546-808f-67db-84fb-ff0500d90345″,”Title”:”EUR/USD: Limited downside potential – Commerzbank”,”Url”:”eur-usd-limited-downside-potential—commerzbank-201604151726″,”CultureName”:”en”,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”Matías Salord”,”ImageUrl”:”http://editorial.fxstreet.com/authors/Matias%20Salord.JPG”,”Bio”:”Matías Salord in an economist with studies in social communication. He has more than 10 years of experience specializing in financial markets. Matias has been working with FXStreet since 2009 in the news and analysis section.”,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”Title”:null,”Url”:”/author/matías-salord”,”CultureName”:null,”Company”:“Name”:”FXStreet”,”CompanyUrl”:null,”Address”:null,”UrlSEO”:null,”ImageUrl”:”https://editorial.blob.core.windows.net/authors/Companies/FXStreet.png”,”Description”:”

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market and was founded in 2000.

FXStreet was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

“,”DisclaimerHtml”:”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.”,”SocialMedias”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”852b9932-1ccb-4a23-bb49-3e6772db28bc”,”Title”:null,”Url”:”/company/fxstreet”,”CultureName”:null,”Categories”:[“Id”:”a6744c19-fe88-488f-8044-fb1f574ca818″,”Name”:”GBPUSD”,”FullUrl”:”http://www.fxstreet.com/rates-charts/gbpusd”],”Image”:“Url_XtraLarge”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/GBPUSD/british-banknotes-14144912_XtraLarge.jpg”,”Url_Large”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/GBPUSD/british-banknotes-14144912_Large.jpg”,”Url_Medium”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/GBPUSD/british-banknotes-14144912_Medium.jpg”,”Url_Small”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/GBPUSD/british-banknotes-14144912_Small.jpg”,”Url_XtraSmall”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/GBPUSD/british-banknotes-14144912_XtraSmall.jpg”,”Url_Nano”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/GBPUSD/british-banknotes-14144912_Nano.jpg”,”Caption”:”GBP/USD”,”Copyright”:”iStock”,”Title”:”GBP/USD breaks above 1.4200 and extends gains”,”Summary”:”The pound rose across the board during the last hour and hit fresh highs versus the US dollar. GBP/USD broke above 1.4200 and climbed to 1.4236, hitti”,”Content”:”

The pound rose across the board during the last hour and hit fresh highs versus the US dollar. GBP/USD broke above 1.4200 and climbed to 1.4236, hitting a fresh 2-day high. The pair is recovering after falling yesterday momentarily below 1.4100.
n
nBack in positive territory for the week but…
n
nThe recent rally brought the price back above the level it had at the beginning of the week. Cable is about to the week with a gain of 110 pips.
n
nOn a wider perspective, it continues to consolidate below the 20-week moving average that stands at 1.4450 and above 1.4000.
n
nAnalysts from Lloyd Bank see supports re-tested in the coming sessions, with 1.4190/1.4205 pivot resistance. “A break of 1.40/1.3980 support is needed though, to open up a retest of the February lows. Medium term, we expect the market to continue to trade a range between 1.3850-1.35 support and 1.45-1.48 resistance. Should we see a breakdown through 1.35, then we have little in the way till meaningful support in the 1.2800 region.”

n”,”ContentPlainText”:”The pound rose across the board during the last hour and hit fresh highs versus the US dollar. GBP/USD broke above 1.4200 and climbed to 1.4236, hitting a fresh 2-day high. The pair is recovering after falling yesterday momentarily below 1.4100. Back in positive territory for the week but… The recent rally brought the price back above the level it had at the beginning of the week. Cable is about to the week with a gain of 110 pips. On a wider perspective, it continues to consolidate below the 20-week moving average that stands at 1.4450 and above 1.4000. Analysts from Lloyd Bank see supports re-tested in the coming sessions, with 1.4190/1.4205 pivot resistance. “A break of 1.40/1.3980 support is needed though, to open up a retest of the February lows. Medium term, we expect the market to continue to trade a range between 1.3850-1.35 support and 1.45-1.48 resistance. Should we see a breakdown through 1.35, then we have little in the way till meaningful support in the 1.2800 region.””,”SEO”:“MetaTitle”:”GBP/USD breaks above 1.4200 and extends gains”,”MetaDescription”:”The pound rose across the board during the last hour and hit fresh highs versus the US dollar. GBP/USD broke above 1.4200 and climbed to 1.4236, hitti”,”KeyWords”:”GBPUSD”,”FullUrl”:”http://www.fxstreet.com/news/gbp-usd-breaks-above-1-4200-and-extends-gains-201604151643″,”WordCount”:193,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”PublicationDate”:”2016-04-15T16:43:04Z”,”PublicationDateDisplay”:”Apr 15, 16:43 GMT”,”JsType”:”PieceOfNews”,”Id”:”e5b07546-808f-67db-84fb-ff0500d90345″,”Title”:”GBP/USD breaks above 1.4200 and extends gains”,”Url”:”gbp-usd-breaks-above-1-4200-and-extends-gains-201604151643″,”CultureName”:”en”,“Position”:13,”Content”:””,”OwnerId”:”fded5f46-808f-67db-84fb-ff0500d90345″,”PublicationDate”:”2016-03-31T14:26:44.547Z”,”PublicationDateDisplay”:null,”JsType”:”TransitionSidebar”,”Id”:”35896e46-808f-67db-84fb-ff0500d90345″,”Title”:”Tran 300×75 – GAIN”,”Url”:”tran-300×75—gain”,”CultureName”:null,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”Ani Salama”,”ImageUrl”:”http://editorial.fxstreet.com/authors/ani-salama-author-photoMedium.jpeg”,”Bio”:”Ani Salama is an Economist specialized in financial markets and statistics analysis and she is the head of the FXStreet American team. In 2010, she joined FXstreet where she now contributes with the news section.”,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”154ae9ae-6be3-4221-baf8-b6e3df61e6d3″,”Title”:null,”Url”:”/author/ani-salama”,”CultureName”:null,”Company”:“Name”:”FXStreet”,”CompanyUrl”:null,”Address”:null,”UrlSEO”:null,”ImageUrl”:”https://editorial.blob.core.windows.net/authors/Companies/FXStreet.png”,”Description”:”

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market and was founded in 2000.

FXStreet was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

“,”DisclaimerHtml”:”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.”,”SocialMedias”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”852b9932-1ccb-4a23-bb49-3e6772db28bc”,”Title”:null,”Url”:”/company/fxstreet”,”CultureName”:null,”Categories”:[“Id”:”71f084aa-8636-45a8-b08c-ba41a091be85″,”Name”:”USDJPY”,”FullUrl”:”http://www.fxstreet.com/rates-charts/usdjpy”],”Image”:“Url_XtraLarge”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDJPY/japanese-yen-currency-and-dollar-bank-note-60447626_XtraLarge.jpg”,”Url_Large”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDJPY/japanese-yen-currency-and-dollar-bank-note-60447626_Large.jpg”,”Url_Medium”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDJPY/japanese-yen-currency-and-dollar-bank-note-60447626_Medium.jpg”,”Url_Small”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDJPY/japanese-yen-currency-and-dollar-bank-note-60447626_Small.jpg”,”Url_XtraSmall”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDJPY/japanese-yen-currency-and-dollar-bank-note-60447626_XtraSmall.jpg”,”Url_Nano”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDJPY/japanese-yen-currency-and-dollar-bank-note-60447626_Nano.jpg”,”Caption”:”usdjpy”,”Copyright”:”istock”,”Title”:”USD/JPY hits fresh daily lows, but holds onto weekly gains”,”Summary”:”USD/JPY came under renewed pressure during the New York session and hit fresh lows as the dollar weakened further on the back of disappointing economic…”,”Content”:”

USD/JPY came under renewed pressure during the New York session and hit fresh lows as the dollar weakened further on the back of disappointing economic data.
n
nUSD/JPY resumed the slide and fell through the 100-hour SMA to hit a low of 108.60 in recent dealings. At time of writing, the pair was trading at 108.75, down 0.55% on the day but still on track to post a weekly gain of around 0.77%.
n
nUSD/JPY levels to watch
n
nIn terms of technical levels, next supports are seen at 108.50 (Apr 13 low), 107.86 (Apr 12 low) and 107.62 (2016 low, Apr 11). On the flip side, resistances line up at 109.72 (Apr 15 high), 109.89 (Apr 7 high) and 110.63 (Apr 6 high).

n”,”ContentPlainText”:”USD/JPY came under renewed pressure during the New York session and hit fresh lows as the dollar weakened further on the back of disappointing economic data. USD/JPY resumed the slide and fell through the 100-hour SMA to hit a low of 108.60 in recent dealings. At time of writing, the pair was trading at 108.75, down 0.55% on the day but still on track to post a weekly gain of around 0.77%. USD/JPY levels to watch In terms of technical levels, next supports are seen at 108.50 (Apr 13 low), 107.86 (Apr 12 low) and 107.62 (2016 low, Apr 11). On the flip side, resistances line up at 109.72 (Apr 15 high), 109.89 (Apr 7 high) and 110.63 (Apr 6 high).”,”SEO”:“MetaTitle”:”USD/JPY hits fresh daily lows, but holds onto weekly gains”,”MetaDescription”:”USD/JPY came under renewed pressure during the New York session and hit fresh lows as the dollar weakened further on the back of disappointing economic…”,”KeyWords”:”USDJPY”,”FullUrl”:”http://www.fxstreet.com/news/usd-jpy-hits-fresh-daily-lows-but-holds-onto-weekly-gains-201604151602″,”WordCount”:135,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”154ae9ae-6be3-4221-baf8-b6e3df61e6d3″,”PublicationDate”:”2016-04-15T16:02:11Z”,”PublicationDateDisplay”:”Apr 15, 16:02 GMT”,”JsType”:”PieceOfNews”,”Id”:”b1b07546-808f-67db-84fb-ff0500d90345″,”Title”:”USD/JPY hits fresh daily lows, but holds onto weekly gains”,”Url”:”usd-jpy-hits-fresh-daily-lows-but-holds-onto-weekly-gains-201604151602″,”CultureName”:”en”,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”Matías Salord”,”ImageUrl”:”http://editorial.fxstreet.com/authors/Matias%20Salord.JPG”,”Bio”:”Matías Salord in an economist with studies in social communication. He has more than 10 years of experience specializing in financial markets. Matias has been working with FXStreet since 2009 in the news and analysis section.”,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”Title”:null,”Url”:”/author/matías-salord”,”CultureName”:null,”Company”:“Name”:”FXStreet”,”CompanyUrl”:null,”Address”:null,”UrlSEO”:null,”ImageUrl”:”https://editorial.blob.core.windows.net/authors/Companies/FXStreet.png”,”Description”:”

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market and was founded in 2000.

FXStreet was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

“,”DisclaimerHtml”:”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.”,”SocialMedias”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”852b9932-1ccb-4a23-bb49-3e6772db28bc”,”Title”:null,”Url”:”/company/fxstreet”,”CultureName”:null,”Categories”:[“Id”:”6358f475-4cf7-43f9-b795-6f4b6a0d0ff9″,”Name”:”UnitedStates”,”FullUrl”:”http://www.fxstreet.com/economic-calendar/country/0345d08a-7068-42e0-a65f-e2c6243c4de1″,“Id”:”99968283-ce8b-4bb2-916d-e2dd8195cd14″,”Name”:”IndustrialProduction”,”FullUrl”:”http://www.fxstreet.com/macroeconomics/economic-indicator/industrial-production”],”Image”:“Url_XtraLarge”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/America/UnitedStatesofAmerica/the-american-flag-2940341_XtraLarge.jpg”,”Url_Large”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/America/UnitedStatesofAmerica/the-american-flag-2940341_Large.jpg”,”Url_Medium”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/America/UnitedStatesofAmerica/the-american-flag-2940341_Medium.jpg”,”Url_Small”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/America/UnitedStatesofAmerica/the-american-flag-2940341_Small.jpg”,”Url_XtraSmall”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/America/UnitedStatesofAmerica/the-american-flag-2940341_XtraSmall.jpg”,”Url_Nano”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/America/UnitedStatesofAmerica/the-american-flag-2940341_Nano.jpg”,”Caption”:”US”,”Copyright”:”iStock”,”Title”:”US Industrial Production: Poor end of the first quarter – Wells Fargo”,”Summary”:”According to analysts from Wells Fargo, today’s industrial production data showed that it ended the first quarter on a poor note.nnnnKey Quotes:nnnn“I”,”Content”:”

According to analysts from Wells Fargo, today’s industrial production data showed that it ended the first quarter on a poor note.
n
nKey Quotes:
n
n“Industrial production ended what was already shaping up to be a weak quarter on a particularly poor note. Production fell 0.6 percent in March, worse than even our below-consensus expectation for a 0.3 percent decline.”
n
n“Some weakness was to be expected in light of the ongoing headwinds on the domestic energy sector.”
n
n“Adding support to the view that the worst may be over for the manufacturing sector was an increase in the Empire State Manufacturing Index reported earlier this morning. The first of the April purchasing managers indices rose nearly nine points to its highest level in more than a year.”
n
n“That said, even as the most significant headwinds of the past year are easing, there are few tailwinds out there for the factory sector. The modest rebound in commodity prices has offered some support to producers, but prices are not expected to climb meaningfully higher for some time. And while the dollar has given back some ground in recent months, it still sits at a relatively strong level. With global growth still sluggish, we believe that growth in the U.S. industrial sector will remain fairly tepid in the coming quarters”.

n”,”ContentPlainText”:”According to analysts from Wells Fargo, today’s industrial production data showed that it ended the first quarter on a poor note. Key Quotes: “Industrial production ended what was already shaping up to be a weak quarter on a particularly poor note. Production fell 0.6 percent in March, worse than even our below-consensus expectation for a 0.3 percent decline.” “Some weakness was to be expected in light of the ongoing headwinds on the domestic energy sector.” “Adding support to the view that the worst may be over for the manufacturing sector was an increase in the Empire State Manufacturing Index reported earlier this morning. The first of the April purchasing managers indices rose nearly nine points to its highest level in more than a year.” “That said, even as the most significant headwinds of the past year are easing, there are few tailwinds out there for the factory sector. The modest rebound in commodity prices has offered some support to producers, but prices are not expected to climb meaningfully higher for some time. And while the dollar has given back some ground in recent months, it still sits at a relatively strong level. With global growth still sluggish, we believe that growth in the U.S. industrial sector will remain fairly tepid in the coming quarters”.”,”SEO”:“MetaTitle”:”US Industrial Production: Poor end of the first quarter – Wells Fargo”,”MetaDescription”:”According to analysts from Wells Fargo, today’s industrial production data showed that it ended the first quarter on a poor note.nnnnKey Quotes:nnnn“I”,”KeyWords”:”UnitedStates, IndustrialProduction”,”FullUrl”:”http://www.fxstreet.com/news/us-industrial-production-poor-end-of-the-first-quarter—wells-fargo-201604151558″,”WordCount”:219,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”PublicationDate”:”2016-04-15T15:58:54Z”,”PublicationDateDisplay”:”Apr 15, 15:58 GMT”,”JsType”:”PieceOfNews”,”Id”:”55b07546-808f-67db-84fb-ff0500d90345″,”Title”:”US Industrial Production: Poor end of the first quarter – Wells Fargo”,”Url”:”us-industrial-production-poor-end-of-the-first-quarter—wells-fargo-201604151558″,”CultureName”:”en”,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”Matías Salord”,”ImageUrl”:”http://editorial.fxstreet.com/authors/Matias%20Salord.JPG”,”Bio”:”Matías Salord in an economist with studies in social communication. He has more than 10 years of experience specializing in financial markets. Matias has been working with FXStreet since 2009 in the news and analysis section.”,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”Title”:null,”Url”:”/author/matías-salord”,”CultureName”:null,”Company”:“Name”:”FXStreet”,”CompanyUrl”:null,”Address”:null,”UrlSEO”:null,”ImageUrl”:”https://editorial.blob.core.windows.net/authors/Companies/FXStreet.png”,”Description”:”

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market and was founded in 2000.

FXStreet was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

“,”DisclaimerHtml”:”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.”,”SocialMedias”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”852b9932-1ccb-4a23-bb49-3e6772db28bc”,”Title”:null,”Url”:”/company/fxstreet”,”CultureName”:null,”Categories”:[“Id”:”e6e939d9-7bd8-4337-9cbd-390fc5e89b54″,”Name”:”ECB”,”FullUrl”:”http://www.fxstreet.com/macroeconomics/central-banks/ecb”],”Image”:“Url_XtraLarge”:”http://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/ECB/Mario_Draghi_World_Economic_Forum_2013_XtraLarge.jpg”,”Url_Large”:”http://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/ECB/Mario_Draghi_World_Economic_Forum_2013_Large.jpg”,”Url_Medium”:”http://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/ECB/Mario_Draghi_World_Economic_Forum_2013_Medium.jpg”,”Url_Small”:”http://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/ECB/Mario_Draghi_World_Economic_Forum_2013_Small.jpg”,”Url_XtraSmall”:”http://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/ECB/Mario_Draghi_World_Economic_Forum_2013_XtraSmall.jpg”,”Url_Nano”:”http://editorial.fxstreet.com/images/Macroeconomics/CentralBanks/ECB/Mario_Draghi_World_Economic_Forum_2013_Nano.jpg”,”Caption”:”ECB Draghi”,”Copyright”:”iStock”,”Title”:”Draghi: Eurozone continues on a path of gradual recovery”,”Summary”:”Mario Draghi, President of the European Central Bank (ECB), gave testimony at the International Monetary and Financial Committee in Washington. He rep”,”Content”:”

Mario Draghi, President of the European Central Bank (ECB), gave testimony at the International Monetary and Financial Committee in Washington. He repeated the message from the last ECB meeting. He made it clear that the bank will continue to do all its necessary to boost inflation and to support the recovery. Growth outlook risks remain to the downside said Draghi because of the global economy. He expects inflation to pick later in 2016.
n
nKey Quotes:
n
n“The euro area economy is continuing on a path of gradual recovery, notwithstanding an external environment characterised by some further deceleration in economic growth and occasional bouts of financial volatility. But the outlook for euro area growth remains faced with uncertainty, mainly as a result of downside risks to growth prospects in emerging market economies, a clouded outlook for oil prices and their economic implications, and also geopolitical risks.”
n
n“The risks to this growth outlook remain on the downside, however, and relate mainly to the heightened uncertainties regarding developments in the global economy.”
n
n“Looking ahead, inflation in the euro area is likely to display slightly negative rates in the coming months before picking up later in 2016. Thereafter, supported by our substantial monetary stimulus and the projected evolution of energy prices and economic developments more generally, euro area inflation rates should recover further. In the current context, it is crucial for the ECB to ensure that the very low inflation environment does not become entrenched in second-round effects on wage and price-setting.”
n
n“The Governing Council has done and, within its mandate, will continue to do whatever is needed to pursue its price stability objective.”
n
n“In the euro area, such conditions of strong and sustained growth will require the ongoing cyclical recovery to be supported by effective structural policies. In particular, reform efforts need to be stepped up to improve the business environment, which in turn will help increase productivity, employment and growth – and also make the euro area more resilient to shocks.”

n”,”ContentPlainText”:”Mario Draghi, President of the European Central Bank (ECB), gave testimony at the International Monetary and Financial Committee in Washington. He repeated the message from the last ECB meeting. He made it clear that the bank will continue to do all its necessary to boost inflation and to support the recovery. Growth outlook risks remain to the downside said Draghi because of the global economy. He expects inflation to pick later in 2016. Key Quotes: “The euro area economy is continuing on a path of gradual recovery, notwithstanding an external environment characterised by some further deceleration in economic growth and occasional bouts of financial volatility. But the outlook for euro area growth remains faced with uncertainty, mainly as a result of downside risks to growth prospects in emerging market economies, a clouded outlook for oil prices and their economic implications, and also geopolitical risks.” “The risks to this growth outlook remain on the downside, however, and relate mainly to the heightened uncertainties regarding developments in the global economy.” “Looking ahead, inflation in the euro area is likely to display slightly negative rates in the coming months before picking up later in 2016. Thereafter, supported by our substantial monetary stimulus and the projected evolution of energy prices and economic developments more generally, euro area inflation rates should recover further. In the current context, it is crucial for the ECB to ensure that the very low inflation environment does not become entrenched in second-round effects on wage and price-setting.” “The Governing Council has done and, within its mandate, will continue to do whatever is needed to pursue its price stability objective.” “In the euro area, such conditions of strong and sustained growth will require the ongoing cyclical recovery to be supported by effective structural policies. In particular, reform efforts need to be stepped up to improve the business environment, which in turn will help increase productivity, employment and growth – and also make the euro area more resilient to shocks.””,”SEO”:“MetaTitle”:”Draghi: Eurozone continues on a path of gradual recovery”,”MetaDescription”:”Mario Draghi, President of the European Central Bank (ECB), gave testimony at the International Monetary and Financial Committee in Washington. He rep”,”KeyWords”:”ECB”,”FullUrl”:”http://www.fxstreet.com/news/draghi-eurozone-continues-on-a-path-of-gradual-recovery-201604151537″,”WordCount”:329,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”PublicationDate”:”2016-04-15T15:37:46Z”,”PublicationDateDisplay”:”Apr 15, 15:37 GMT”,”JsType”:”PieceOfNews”,”Id”:”d7ac7546-808f-67db-84fb-ff0500d90345″,”Title”:”Draghi: Eurozone continues on a path of gradual recovery”,”Url”:”draghi-eurozone-continues-on-a-path-of-gradual-recovery-201604151537″,”CultureName”:”en”,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”Matías Salord”,”ImageUrl”:”http://editorial.fxstreet.com/authors/Matias%20Salord.JPG”,”Bio”:”Matías Salord in an economist with studies in social communication. He has more than 10 years of experience specializing in financial markets. Matias has been working with FXStreet since 2009 in the news and analysis section.”,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”Title”:null,”Url”:”/author/matías-salord”,”CultureName”:null,”Company”:“Name”:”FXStreet”,”CompanyUrl”:null,”Address”:null,”UrlSEO”:null,”ImageUrl”:”https://editorial.blob.core.windows.net/authors/Companies/FXStreet.png”,”Description”:”

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market and was founded in 2000.

FXStreet was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

“,”DisclaimerHtml”:”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.”,”SocialMedias”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”852b9932-1ccb-4a23-bb49-3e6772db28bc”,”Title”:null,”Url”:”/company/fxstreet”,”CultureName”:null,”Categories”:[“Id”:”5f91ad8f-26cd-4643-9233-46bd18b03a70″,”Name”:”EURUSD”,”FullUrl”:”http://www.fxstreet.com/rates-charts/eurusd”],”Image”:“Url_XtraLarge”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_3_XtraLarge.jpg”,”Url_Large”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_3_Large.jpg”,”Url_Medium”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_3_Medium.jpg”,”Url_Small”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_3_Small.jpg”,”Url_XtraSmall”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_3_XtraSmall.jpg”,”Url_Nano”:”http://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_3_Nano.jpg”,”Caption”:”EUR/USD”,”Copyright”:”iStock”,”Title”:”EUR/USD hits fresh highs above 1.1300″,”Summary”:”The euro gained momentum during the American session and pushed EUR/USD to fresh highs. The pair peaked at 1.1316, the highest since Wednesday but the”,”Content”:”

The euro gained momentum during the American session and pushed EUR/USD to fresh highs. The pair peaked at 1.1316, the highest since Wednesday but then pulled back toward 1.1300, where it was trading, up 0.29% for the day.
n
nVolatility in the forex market remains low for the second day in a row. Wall Street stock indexes were flat while European markets were about to finish with modest losses. Crude oil was falling more than 3% while gold was trading around $1,230/oz.
n
nEUR/USD up, but down for the week
n
nOn Friday, the pair was rising for the first time out of the last five days, trimming weekly losses but still far from the level it had a week ago. It dropped sharply on Wednesday breaking important short term supports and falling below the 20-day moving average. The decline found support at 1.1230 and from the lows it has risen 90 pips.
n
nThe short-term bias continues to favor the euro but the area around 1.1450 – 1.1500 continues to be a great barrier that continues to cap the upside since January 2015.

n”,”ContentPlainText”:”The euro gained momentum during the American session and pushed EUR/USD to fresh highs. The pair peaked at 1.1316, the highest since Wednesday but then pulled back toward 1.1300, where it was trading, up 0.29% for the day. Volatility in the forex market remains low for the second day in a row. Wall Street stock indexes were flat while European markets were about to finish with modest losses. Crude oil was falling more than 3% while gold was trading around $1,230/oz. EUR/USD up, but down for the week On Friday, the pair was rising for the first time out of the last five days, trimming weekly losses but still far from the level it had a week ago. It dropped sharply on Wednesday breaking important short term supports and falling below the 20-day moving average. The decline found support at 1.1230 and from the lows it has risen 90 pips. The short-term bias continues to favor the euro but the area around 1.1450 – 1.1500 continues to be a great barrier that continues to cap the upside since January 2015.”,”SEO”:“MetaTitle”:”EUR/USD hits fresh highs above 1.1300″,”MetaDescription”:”The euro gained momentum during the American session and pushed EUR/USD to fresh highs. The pair peaked at 1.1316, the highest since Wednesday but the”,”KeyWords”:”EURUSD”,”FullUrl”:”http://www.fxstreet.com/news/eur-usd-hits-fresh-highs-above-1-1300-201604151515″,”WordCount”:191,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”ca816d74-313f-4d6c-b727-955040a9db4c”,”PublicationDate”:”2016-04-15T15:15:09Z”,”PublicationDateDisplay”:”Apr 15, 15:15 GMT”,”JsType”:”PieceOfNews”,”Id”:”52a97546-808f-67db-84fb-ff0500d90345″,”Title”:”EUR/USD hits fresh highs above 1.1300″,”Url”:”eur-usd-hits-fresh-highs-above-1-1300-201604151515″,”CultureName”:”en”,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”FXStreet Team”,”ImageUrl”:”http://editorial.fxstreet.com/authors/Companies/FXStreet.png”,”Bio”:null,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”334ed883-650b-42cd-80c3-6a4275605177″,”Title”:null,”Url”:”/author/fxstreet-team”,”CultureName”:null,”Company”:null,”Categories”:[],”Image”:null,”Summary”:”Peru Gross Domestic Product rose from previous 3.41% to 6.04% in February”,”Content”:”For more information, read our latest forex news.”,”ContentPlainText”:”For more information, read our latest forex news.”,”SEO”:“MetaTitle”:”Peru Gross Domestic Product rose from previous 3.41% to 6.04% in February”,”MetaDescription”:”Peru Gross Domestic Product rose from previous 3.41% to 6.04% in February”,”KeyWords”:””,”FullUrl”:”http://www.fxstreet.com/news/peru-gross-domestic-product-rose-from-previous-3-41-to-6-04-in-february-201604151500″,”WordCount”:8,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”334ed883-650b-42cd-80c3-6a4275605177″,”PublicationDate”:”2016-04-15T15:00:24.88Z”,”PublicationDateDisplay”:”Apr 15, 15:00 GMT”,”JsType”:”PieceOfNews”,”Id”:”1fa67546-808f-67db-84fb-ff0500d90345″,”Title”:”Peru Gross Domestic Product rose from previous 3.41% to 6.04% in February”,”Url”:”peru-gross-domestic-product-rose-from-previous-3-41-to-6-04-in-february-201604151500″,”CultureName”:”en”,“ItemTypeName”:”NewsItemTypeDisplay”,”Author”:“Name”:”Pablo Piovano”,”ImageUrl”:”http://editorial.fxstreet.com/authors/pablo-piovano-author-photoMedium.jpeg”,”Bio”:”Pablo Piovano, Economist and Lead European Editor, joined FXStreet in 2011 having worked in and managed Asset Allocation and Investment Research teams for a number of South American Financial Institutions.”,”Position”:null,”CompanyName”:null,”CompanyUrl”:null,”SocialMedias”:null,”AuthorUrl”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”1bcf2e57-3bc6-42b0-8a43-e37a86987b4f”,”Title”:null,”Url”:”/author/pablo-piovano”,”CultureName”:null,”Company”:“Name”:”FXStreet”,”CompanyUrl”:null,”Address”:null,”UrlSEO”:null,”ImageUrl”:”https://editorial.blob.core.windows.net/authors/Companies/FXStreet.png”,”Description”:”

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market and was founded in 2000.

FXStreet was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

“,”DisclaimerHtml”:”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.”,”SocialMedias”:null,”OwnerId”:”00000000-0000-0000-0000-000000000000″,”PublicationDate”:”0001-01-01T00:00:00″,”PublicationDateDisplay”:null,”JsType”:null,”Id”:”852b9932-1ccb-4a23-bb49-3e6772db28bc”,”Title”:null,”Url”:”/company/fxstreet”,”CultureName”:null,”Categories”:[“Id”:”109243b5-d484-41c4-9c6c-ba3863d7016f”,”Name”:”Sweden”,”FullUrl”:”http://www.fxstreet.com/economic-calendar/country/f6a3f4db-4246-4657-b20e-e3844563b2ba”,“Id”:”ca58773f-8f49-4b0c-a96a-dd2ba9840799″,”Name”:”Banks”,”FullUrl”:”http://www.fxstreet.com/market-participants/banks”],”Image”:“Url_XtraLarge”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/Sweden/sweden-waving-national-flag-on-silk-texture-59981214_XtraLarge.jpg”,”Url_Large”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/Sweden/sweden-waving-national-flag-on-silk-texture-59981214_Large.jpg”,”Url_Medium”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/Sweden/sweden-waving-national-flag-on-silk-texture-59981214_Medium.jpg”,”Url_Small”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/Sweden/sweden-waving-national-flag-on-silk-texture-59981214_Small.jpg”,”Url_XtraSmall”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/Sweden/sweden-waving-national-flag-on-silk-texture-59981214_XtraSmall.jpg”,”Url_Nano”:”http://editorial.fxstreet.com/images/Macroeconomics/Countries/Europe/Sweden/sweden-waving-national-flag-on-silk-texture-59981214_Nano.jpg”,”Caption”:”sek”,”Copyright”:”iStock”,”Title”:”Riksbank seen expanding QE next week – TDS”,”Summary”:”In view of strategists at TD Securities, the Nordic central bank could expand its current QE programme, albeit leaving rates unchanged.nnnnKey Quotesn”,”Content”:”

In view of strategists at TD Securities, the Nordic central bank could expand its current QE programme, albeit leaving rates unchanged.
n
nKey Quotes
n
n“The Riksbank meets for the second time this year”.
n
n“While a rate cut seems off the table (3 of the 6 Executive Board members have expressed scepticism towards further cuts), we expect the Riksbank to extend its QE program by a further SEK45bn in order to prevent a sharp correction in SEK if markets think they’ve finished easing”.

n”,”ContentPlainText”:”In view of strategists at TD Securities, the Nordic central bank could expand its current QE programme, albeit leaving rates unchanged. Key Quotes “TheRiksbankmeets for the second time this year”. “While a rate cut seems off the table (3 of the 6 Executive Board members have expressed scepticism towards further cuts), we expect the Riksbank to extend its QE program by a further SEK45bn in order to prevent a sharp correction inSEKif markets think they’ve finished easing”.”,”SEO”:“MetaTitle”:”Riksbank seen expanding QE next week – TDS”,”MetaDescription”:”In view of strategists at TD Securities, the Nordic central bank could expand its current QE programme, albeit leaving rates unchanged.nnnnKey Quotesn”,”KeyWords”:”Sweden, Banks”,”FullUrl”:”http://www.fxstreet.com/news/riksbank-seen-expanding-qe-next-week-tds-201604151437″,”WordCount”:82,”ItemTypeUrl”:”http://beta.fxstreet.com/news”,”Sponsored”:false,”OwnerId”:”1bcf2e57-3bc6-42b0-8a43-e37a86987b4f”,”PublicationDate”:”2016-04-15T14:37:37Z”,”PublicationDateDisplay”:”Apr 15, 14:37 GMT”,”JsType”:”PieceOfNews”,”Id”:”a2a27546-808f-67db-84fb-ff0500d90345″,”Title”:”Riksbank seen expanding QE next week – TDS”,”Url”:”riksbank-seen-expanding-qe-next-week-tds-201604151437″,”CultureName”:”en”],”IsReferral”:true,”ShowSeeLatest”:true,”ListSeoClassType”:”Post”,”ListAnalyticsClassType”:”News”,”HomeSeoClassType”:”Home”,”HomeAnalyticsClassType”:”PostHome”,”StickAdSidebar”:”fxs_it_stickyAd_sidebar”});