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Cyprus Gvrt Spokesman: Parliament unlikely to ratify deposit levy

FXstreet.com (Barcelona) - According to a Cyprus Government Spokesman, it appears that the Parliament is unlikely to ratify the bank deposit levy, adding that the government remains focus on finding other options to ease the burden on savers.

Forex: GBP/USD going nowhere around 1.5100

Another flat session for Cable in the Asia-Pacific, and even for the week so far as it sits at 1.5105 last, barely unmoved from previous weekly close Friday around 1.5114. Given this immobility, Pound is stronger than Euro, Aussie and Yen so far for the week, and about even with USD, ahead of key risk events in the form of UK CPI and PPI at 09:30 GMT, and US Building permits at 12:30 GMT, which will very likely add volatility to the pair.
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Forex Flash: Substantial further EUR/AUD decline ahead - Westpac

According to Westpac FX strategist Sean Callow, political unrest in the Eurozone should weigh on the EUR/USD multi-week while AUD/USD maintains a broad range, "leaving EUR/AUD biased to further decline near term."
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