China House Price Index increase to 4.9% in Apr from 3.6%

May 18, 2013

The Queen euro or the King Dollar? EUR/USD declines further

oh, who would ever wanted to fight the USD? Since the May 1st high of 1.3240, the EUR/USD fell around 440 pips in just two weeks to test the 1.2800 area in the Friday's session. The pair closed the day at 1.2833, 0.36% negative on the day.

Correction of the Yen largely completed, Amari says

Japan's economy minister Akira Amari crossed the wires over the weekend warning that "the yen's excessive strength has been largely "corrected," and further weakness could be harmful..."