ECB scouts for forward guidance pitfalls on road to stimulus end - BBG

Bloomberg ran a story on the European Central Bank (ECB) this Monday, noting that the bank officials begin to wonder how they’re going to signal the end of the stimulus era.

According to Eurosystem officials familiar with the matter, a proposal by Executive Board member Yves Mersch to review the ECB’s guidance on future actions has focused policy makers’ minds on the challenge of mapping an exit from quantitative easing and negative interest rates, Bloomberg reports.

EUR/USD struggle with 5-DMA continues amid positive equities

The bulls were rescued by fresh support once again just ahead of 1.06 handle, sending the EUR/USD pair back to test the upside barrier located at 5-DM
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GBP/JPY extends rebound from 200-DMA, surges through 141.00 handle

The GBP/JPY cross staged a goodish recovery on Monday and has managed to reverse majority of Friday's disappointing UK retail sales-led slide to the v
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