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US Chicago Fed National Activity Index improves to 0.44 in Feb from -0.49 in Jan.

Forex: EUR/GBP erases gains back to Friday’s close

The EUR/GBP peaked at 0.8561 high in mid-London morning only to retrace it all back to Friday’s close of 0.8530. The FX market is hesitant and sideways on Monday despite news of an agreement between EU finance ministers, the Troika and Cyprus.
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US: Chicago Fed Activity Index rises to 0.44 in February

The US Chicago Fed Activity Index moved from negative territory at -0.49 (revised from -0.32) in February to 0.44.
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