If there were any doubts to China’s ability to move the markets now, there shouldn’t be. China’s soft data release very early in the Friday session has plagued risk currencies like the commodity currencies and the euro. And $GBPUSD and $GBPJPY remain weak as risk aversion flows strengthen the USD and JPY across the board.
- PRODUCER PRICES OK, CONSTRUCTION PUZZLING (EconomicsUK.com)
- Mapping China’s monetary cycle (Markit Economics) [chart]
- LONDON READIES REPORT AS NEXT STEP TOWARDS OFFSHORE YUAN HUB (DJ|FX Trader)
- Houston – We have a problem, in Switzerland (BruceKrasting.com)
- What Do You Do With 18 Billion Euros? (FaithMightFX) [Interesting SNB effect on $EURGBP]
- GBPCHF Daily (MyPict)
- Daily Chart Art – April 13, 2012 (Baby Pips)
- GBPUSD daily (Chart.ly)
- GBPUSD Update (50’s Blog)