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Forex Flash: Seeking opportunities to sell EUR/USD on rallies - Nomura

With EUR/USD having broken 1.31 and more calls emerging over a further recovery short term, Nomura strategists still think their current forecasts of 1.28 for Q2 and 1.25 for Q3 "still look reasonable", adding that "we would continue to seek opportunities to sell EUR on rallies." The bank sees "EUR in a new regime of growth underperformance as key driver."

Forex Flash: USD positively correlated with US jobs vs consensus - Westpac

According to Westpac, "expectations for the headline reading on Feb US non-farm payrolls have crept higher in recent days, particularly after the firm ADP private payrolls report." Bloomberg is now 165K after 157K in January.
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China Feb Trade Balance decreases to 15.3B vs 29.2B

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