Yen Stronger
TFI Markets | Mar 10, 2014 02:55AM ET
Asian indices slide on Monday while Yen gained over disappointing Chinese trade data. China’s exports unexpectedly fell 18.1 percent in February from a year earlier leaving a trade deficit of $22.98 billion for the month while China’s consumer price index rose 2% in February, slower than a 2.5 percent on-year rise in January. Japanese gross domestic product rose less than expected in the last quarter to 0.2 percent against expectations to rise 0.3 percent.
EURUSD
Crusial resistans lies at 1.3895. A 4H break and close above that level could lead price to 1.3965.
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