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UK: Index of Services declines 0.2% in January

FXstreet.com (Barcelona) - The UK Index of Services fell 0.2% in January, after remaining flat in December, National Statistics reported on Thursday. This result is in line with market consensus.

Forex Flash: Majors led by USD strength - UBS

UBS Strategists Gareth Berry and Geoffrey Yu have taken a technical look at this mornings majors and note a continuation of USD strength.
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Forex: EUR/GBP slides down on EMU and UK data

The EUR/GBP gave up its sideway trading ways as the London opening was nearby and the cross fell from 0.8450. Data in Europe triggered more downside, to 0.8420. There were 13K more unemployed people in Germany in March, instead of 4K less as expected. The unemployment rate remained at 6.9%. EMU money supply (YoY) eased from 3.5% to 3.1% in February, beating consensus of 3.3%. Private loans remain at -0.9%, as expected.
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