FXstreet.com (Barcelona) – The lack of direction in the GBP is leaving the sterling around the 1.6050 level on Wednesday, ahead of the trade balance figures due later.
FXstreet.com (San Francisco) – The USD/JPY rally appears to have found a short-term roof at 87.50 from earlier session lows near 86.81, and, at the time of writing, has peaked at 87.53
FXstreet.com (Barcelona) – The announcement from the new Finance Minister, Taro Aso, that Japan will buy bonds issued by the European Stability Mechanism (ESM) “is unlikely on its own to