Canada: Wholesale Sales rise 1.4% in October

FXstreet.com (Córdoba) - Canadian Wholesale Sales rose 1.4% on a monthly basis during October, Statistics Canada reported.

This increase came in almost 5 times above market expectations of a 0.3% rise and above the 0.2% advance printed in September.

Dec 18, 2013

USD/JPY jumps to 103.20 after US data

The US dollar reacted to the upside against the Japanese Yen following the 22.7% jump in housing starts in November.

Ecofin strikes deal on common backstop for failing banks

EU finance ministers have agreed on Wednesday to set up a common backstop for financing the winding-down of failing banks, which is an important step on the path to the creation a banking union in the area.