US Feb 8 EIA Natural Gas Storage change: -157B vs -118B
Feb 14, 2013
Forex: USD/JPY plunge on draft of G20 statement
For the 15:00 GMT cut, the USD/JPY fell down by 25 pips to just below the 93.00 handle. A movement that mostly affected the Yen. The timing of such Yen strength coincides with the Bloomberg reporting a draft of the G20 statement.
The market is trying to get off its daily lows, area where the EUR/USD has been trading around since the release of the disappointing flash GDP reports in Europe, pointing to wider recession than expected in Q4, and the accomodative stance in the ECB monthly report.