US: Redbook Index fell 0.5% MoM

FXstreet.com (Edinburgh) -The Redbook index contracted 0.5% on a monthly basis and expanded 3.3% over the last twelve months in the week ended on September 29, against previous prints at -0.4% and 3.8%, respectively.

Oct 8, 2013

EUR/JPY ready to retest 132.00 area

The EUR/JPY has been constantly trading upwards since the kick-off of the early trading session in Asian – apart from a couple of hours after the dismal release of the German factory data – and now ‘flirting’ again with 132.00 zone

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Oct 8, 2013

Flash: GBP/USD may continue to base build off 1.6000 floor – OCBC

Emmanuel Ng of OCBC Bank, suggests that the GBP/USD may attempt to continue to base build off the 1.6000 floor pending further US fiscal cues while local data prints still remain slightly supportive of the pair.

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