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US: Non-farm productivity rose 0.7% in Q1

FXstreet.com (Barcelona) - The Non-farm productivity in the US economy rose 1.3% during the first quarter, missing expectations at 1.5% and up from -1.7% previous.

Unit Labour Costs rose 0.5% during the same period vs. the median at 0.6% and 4.4% in the prior quarter.

Forex: GBP/JPY jumps 210 pips to trade above 153.00

The Sterling is enjoying the weak yen environment following the ECB decision to cut interest rate and Draghi's announcement on new measures. The GBP/JPY climbed around 210 pips in the latest hour from 151.15 to break the 152.20 resistance and to trade above the 153.00 region.
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Forex: EUR/CAD recovers the mark of 1.3271/74

The EUR/CAD moved into recovery mode Thursday, following the release of upbeat Canadian data and the fallout of the ECB rate decision, which was held at 0.50%. Following a bounce off the 1.3250 level, the cross is now recovering the mark of 1.3271/74, still down a tepid -0.14% during US trading.
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