Japan Capacity Utilization climbed from previous -1% to 2.6% in January

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Mar 15, 2016

EUR/USD phase of consolidation above 1.1100

The EUR/USD pair appears to have stalled its post-ECB corrective slide in the mid-Asian trades, and the price now consolidates on the bids above 1.1100 levels.

Gradual EUR/USD depreciation more likely - Nomura

Yujiro Goto, Research Analyst at Nomura, suggests that over the next three months or so, EUR trading will likely depend on three factors: i) efficacy of the ECB policy package, ii) external environment, especially Fed policy and risk sentiment, and iii) ECB willingness to ease further, including rate cuts, when necessary.