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UK: Consumer Credit grows more than expected in February

FXstreet.com (Barcelona) - UK Consumer Credit rose to £0.6B in February, from £0.5B registered the previous month, according to the BoE report published today. The result is higher than forecasts of £0.3B.

Mortgage Approvals fell to 51.653K in February from 54.187K in January and below market consensus of a decline to 54.000K.

Net Lending to Individuals increased in February to £1.5B in comparison with £0.6B in January and above analysts' expectations of £0.9B.

Forex Flash: Commodity Currencies technically mixed - UBS

UBS strategists Gareth Berry and Geoffrey Yu have taken a technical look at this mornings Commodity pairs and note a mixed picture ahead.
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Forex Flash: Yen rebound continues ahead of BoJ meeting - BTMU

Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that the yen has continued to strengthen ahead of this week’s key BoJ monetary policy meeting with USD/JPY breaking back below its 55-day moving average for the first time since mid-October.
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