US February Dallas Fed Manufacturing Business Index down to 0.3 vs 3.8 (January)

Feb 24, 2014

GBP/JPY squeezed on more cable offers

GBP/JPY has fallen from 170.80 again at 170.60 tripping sell stops at 170.40 to the handle.

The recovery of the USD/JPY was tempered by disappointing US data and stalled at the 102.60 area during the American session.