US: NY Empire State Manufacturing index fell to 3.05 in April

FXstreet.com (Barcelona) - The manufacturing activity in the area of New York slowed down in April, according to the Empire State index, falling to 3.05 for the month of April vs. the median at 7.0 and March’s 9.24.

Apr 15, 2013

Forex Flash: Bunds find support at 20-day MA – RBS

Bunds found support at the 20-day MA after having a correction to 144.91 Fibonacci projection from the February 13 – March 4 impulse wave. According to Technical Strategist Dmytro Bondar at RBS, “Retracements from this move proved to provide key level for the last few weeks. It is important to note that the recent price action does not form a Head and Shoulders pattern due to a downwards sloping neckline.”

Forex Flash: GBP/USD looks bullish ahead - BTMU

Bank of Tokyo Mitsubishi UFJ analysts note that the pound is continuing to extend its recent rebound against USD in the near term and see spot moving within a range of 1.5200 and 1.5600.