US August Producer Price Index ex Food & Energy (MoM) came in flat. (YoY) up 1.1%.

Sep 13, 2013

GBP/USD rallies to fresh 7-month highs

The GBP/USD extended gains to fresh 7-month highs at the beginning of the American session amid headlines White House has not made decision about Fed Chairman and the rally was further fueled by worse-than-expected US retail sales data.

USD/JPY crashes over 30 pips to erase daily gains

The USD/JPY foreign exchange rate took a tumble on the heels of US data Friday, by far its biggest movement of the day, crashing nearly over 30 pips in recent minutes.