XE Market Analysis: Major FX Remains Calm for Now

OVERVIEW UK GDP growth in the fourth quarter rose at a faster pace than originally reported, rising 0.7%, the fastest pace in a year. Germany’s IFO survey showed business morale improved unexpectedly in February, with the index rising to 111.0.  Bank of Japan Governor, Haruhiko Kuroda, said they are unlikely to cut interest rates further as the economy is accelerating, keeping inflation on track to hit their 2% target in 2019.

Source: XE news feed
XE Market Analysis: Major FX Remains Calm for Now