EUR/USD continued to climb

!! EUR/USD: Continuing To Climb This Morning !!
The Euro continued its rebound this morning, testing resistance around
the 1.3440-level. The Euro has been climbing all week against the US
dollar, with the pair starting the week from a four-month low at
1.2871. The European interest rate remained unchanged yesterday at
1.00% but the ECB did suggest that it could raise interest rates to
battle inflation. The currency has climbed more than 3.5% this week.
Focus remains on key US data starting off with Retail Sales at
1330GMT.

!! GBP/USD: PPI Figures Available At 0930GMT !!
Cable traded at a 4-week high yesterday of 1.5885. The market reacted
positively to the UK leaving interest rates unchanged at 0.5%. The
pair traded slightly lower overnight in Asia, keeping a tight range.
Sterling was trading at 1.530, shortly after the European open
(0820GMT).
There is more important news being released from the UK today, with
PPI figures being released at 0930GMT.

!! USD/JPY: Trading Lower Overnight In Asia !!
Japanese exporters and profit-takers have been responsible for moves
down in JPY pairs. USD/JPY moved down from an early high of 82.82 to
82.44, the overnight low. The yen is trading at 82.43/46 now against
the Dollar, down 0.45% so far today. USD/JPY is back in the Ichimoku
cloud with EUR/JPY holding just shy of the cloud.
Source: Fxstreet.com