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UK: Goods Trade deficit narrows slightly in March

FXstreet.com (Barcelona) - UK Goods Trade deficit narrowed to £9.056 billion in March from £9.165 billion in February, according to data released today by National Statistics. Analysts expected the deficit to narrow to £9.000 billion.

Total Trade deficit narrowed to £3.130 billion in March from £3.391 billion in February, against projections of reaching £-3.100 billion.

UK Trade deficit non-EU narrowed to £3.470 billion from £4.208 billion and above expectations of narrowing only to £4.100 billion.

Forex Flash: USD/JPY at 110.00, EUR/USD at 1.2000 by year-end – UBS

The Japanese yen was already looking vulnerable after the USD/JPY broke above 100 overnight. Now, these changing flow dynamics are likely to help keep the upswing alive. According to Research Analyst Gareth Berry at UBS, “We raise our 1-month and 3-month USD/JPY forecasts to 102.00 and 105.00 respectively (previously both stood at 95.00).”
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Forex Flash: USD/JPY finally takes 100.00 following US developments - DBS Group

DBS Group analysts note that USD/JPY finally broke above the psychological 100 level in overnight US
markets.
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