Forex news and economic headlines 6 April 2016
News:
Data:
It’s not been a good session for the pound but there’s a yearning for yen still.
With the Nikkei and European equities failing to find any joy we’ve seen more demand for the yen which has kept USDJPY pinned down near session lows around 110.30 with rallies quickly sold. Good demand into 110.00 though has meant the other core pairs have been driven lower notably GBPUSD which has tumbled again to now post 1.4067. Across a range of pairs the pound remains on the backfoot as Brexit concerns continue to undermine.
ForexLive European morning FX news wrap: Yen in focus still and the pound gets another slap lower
