Portugal Jan Consumer Price Index (YoY) down to 0.2%; -1.2% (MoM)

Feb 12, 2013

Forex: USD/JPY recovers the mark of 94.32/33

The USD/JPY has recovered over the course of European trading Tuesday, following a prolonged period of time in negative territory. In recent moments, the pair has edged higher towards the level of 94.32/33, paring the majority of its losses.

G7 statement reiterates opposition to currency manipulation

Following several weeks of back and forth monetary easing and tinkering that has seemingly roiled currency markets, the G7 recently issued a statement regarding the bourgeoning currency weakness, known colloquially as the "currency war."