Switzerland Consumer Price Index (YoY) remains at -0.6% in Apr

May 8, 2013

Switzerland Consumer Price Index (MoM) down to 0% in Apr from 0.2% in Mar

Forex: GBP/JPY testing the 153.00 barrier

The GBP/JPY experienced a mild pullback Wednesday, having fallen lower towards the 153.00 barrier during European trading. The pair ultimately rescinded nearly 18 pips on the heels of upbeat economic data out of the United Kingdom. Having fallen lower, the cross is now in a position to test the 153.00 level, whilst incurring a relatively small loss of -0.16% thus far.