British Pound at Clear Risk as Positions Stretched and Gains Slowing

The British Pound was the only major currency to strengthen against the US Dollar in a holiday-shortened week of trading, but can it continue higher? The high-flying Sterling will need support from the Bank of England to hold near multi-year peaks in the week ahead.

Gold Carves Lower High in April- Bearish Below $1327

Gold is off sharply this week with the precious metal shedding 1.7% to trade at $1298 heading into the weekend.

Bullish USD/JPY Outlook at Risk as Japanese Inflation Picks Up

A further pickup in market sentiment should continue to fuel the near-term rally in the USD/JPY, but the fundamental developments coming out next week may keep the dollar-yen contained within the wedge/triangle formation as the Bank of Japan (BoJ) remains upbeat on the economy.

Economic Data Holding Back Euro as ECB Pleads for Weaker FX Rates

Despite the continued and prevalent threat of aggressive dovish policy action by the European Central Bank, the Euro remained buoyant against its major counterparts for the second straight week as volatility strikes every other major asset class around the world expect for FX.

IN: Bank Loan Growth: 13.800 %

Date (GMT)EventCons.ActualPreviousApr 18 11:30Bank Loan Growth13.800 %14.300 %NewsIndia Bank Loan Growth down to 13.8% from previous 14.3% (FXStreet) Fri, Apr 18 2014, 11:48 GMT

IN: FX Reserves, USD: 309.440 $

Date (GMT)EventCons.ActualPreviousApr 18 11:30FX Reserves, USD309.440 B $306.650 B $NewsIndia FX Reserves, USD rose from previous $306.65B to $309.44B (FXStreet) Fri, Apr 18 2014, 11:47 GMT

IT: Wage Inflation (YoY): 1.400 %

Date (GMT)EventCons.ActualPreviousApr 18 09:00Wage Inflation (YoY)1.400 %1.400 % NewsItaly Wage Inflation (MoM): 0% (March) vs previous 0.1% (FXStreet) Fri, Apr 18 2014, 09:01 GMTItaly Wage Inflation (MoM) down to 0% in March from previous 0.1% (FXStreet) Fri, Apr 18 2014, 09:00 GMTItaly Wage Inflation (YoY) remains at 1.4% in March (FXStreet) Fri, Apr 18 20

IT: Industrial Orders s.a (MoM): -3.100 %

Date (GMT)EventCons.ActualPreviousApr 18 08:00Industrial Orders s.a (MoM)-3.100 %4.800 %News[Key:ActMenorPrev.0] (FXStreet) Fri, Apr 18 2014, 08:01 GMT

Two of Southern California’s Best Cosmetic Dentists Conclude Trip to...

Two of Ventura’s top cosmetic dentists conclude a trip to India today, April 20, during which they presented to more than 400 dentists. Dr. Saj Jivraj and Dr. Mamaly Reshad of the Anacapa Dental Art...(PRWeb April 20, 2014)Read the full story at

Air Kool Now Offering Air Knight Air Conditioning Filters In...

Allergies can stop someone in their tracks with itchy eyes, hives, urticaria, trouble breathing, and in extreme cases has even put people in the hospital. In the southeastern states, pollen is at...(PRWeb April 20, 2014)Read the full story at

Dallas, Texas Xocai XoLove-Bites Launch Special Offer: MXI Corp...

MXI Corp founding leader announced discount Hashtag #NetworkMarketing for Kawasaki, Japan Distributors.(PRWeb April 20, 2014)Read the full story at

Bernstein Liebhard LLP Launches Mirena Lawsuit Website for Women...

The Firm is currently offering free and confidential case evaluations to women who allegedly suffered spontaneous migration of the IUD, and may now be eligible to file a Mirena lawsuit.(PRWeb April 20, 2014)Read the full story at

Increasing Seal Face Capability in Hard-on-Hard Combinations

As operating conditions become more severe, hard-face materials must continue to efficiently rub against each other to maximize their inherent benefits. iAbrasive report.(PRWeb April 20, 2014)Read the full story at

A Brief Introduction on the Current Situation and Major Problems...

iAbrasive released on Wednesday a brief introduction on the current situation and major problems existing in Abrasive & Abrasive tools Industry.(PRWeb April 19, 2014)Read the full story at

Certified Timepieces Unveils Deal of the Day on Ladies' Rolex 18K...

World's largest collection of luxury watches offers discounts on pre-owned Rolex; Certified Timepieces has it all.(PRWeb April 19, 2014)Read the full story at

Henan Brown-fused Alumina and Sub-white-fused Alumina Markets Keep...

iAbrasive announced on Tuesday that in early April, most of brown-fused alumina and sub-white-fused alumina markets keep stable.(PRWeb April 18, 2014)Read the full story at