US: NAHB Housing Market Index drops in February against forecasts

FXStreet (Barcelona) - The US NAHB Housing Market Index fell to 46 in February, from 56 in January, according to data released by the National Association of Home Builders. Analysts expected the indicator to remain unchanged.

Feb 18, 2014

GBP/JPY holds 171 and 169.20’s up trend

GBP/JPY fell from above 171.80 towards 170.40 before a drift back onto the 171 handle where the pair is attempting to hold on before supply in the 171.30’s.

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Feb 18, 2014

Flash: More support from BoJ - TDS

Analysts at TD Securities noted that the BoJ policy meeting ended with policy makers sticking with the current asset purchase plan whilst doubling the scale of a low-interest loan programme to banks to total JPY 7 tn.

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