France Markit Manufacturing PMI (December): 47.1; Services PMI: 47.4

Dec 16, 2013

GBP/USD jumps into European session

Having largely ranged overnight, capped by 1.6300, GBP/USD has jumped higher into the European session to post a morning high at 1.6330.

USD/JPY climbs off support at 1H 200 SMA

USD/JPY posted an overnight high at 103.29, before declining to post a low at 102.64, before finding support at the hourly 200 SMA around 102.73 and climbing to where we are presently trading at 102.92.