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Forex: GBP/USD attempts a recovery, around 1.5525

The sterling is consolidating above the key mark at 1.5500 on Friday, leaving behind multi months lows around 1.5475, levels last seen in July-August 2012

Next on tap for the pound would be January Retail Sales, expected to expand 0.8% on a yearly basis and 1.8% excluding the fuel component.

At the moment, the cross is up 0.24% at 1.5532 with the next resistance at 1.5544 (hourly high Feb.14) ahead of 1.5666 (MA10d) and then 1.5690 (high Feb.13).
On the downside, a break below 1.5458 (low Jul.26) would aim for 1.5414 (low Jul.13) and finally 1.5393 (low Jul.12).

Asian markets mixed, Japan's Nikkei falls on speculation about next BoJ Governor

Japan's Nikkei Stock Average eased -1.19% on Friday amid reports that Toshiro Muto might become the new BoJ Governor, while candidates such as Iwata or Kuroda are viewed as more radical in their approach to policy easing, and so the potential appointment of Muto would likely disappoint yen bears.
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Forex: USD/JPY fully retraces weekly gains, Yen stronger on G-20 meeting

The USD/JPY failed to extend above the 93.00 mark in early trading and has been falling across the chart as the Yen strengthens as Japan policy intentions risk being publicly condemned at the G-20 meeting. Also, Muto is being reported as the likely new BoJ Governor instead of Iwata or Kuroda. Muto is seen as much less radical in his approach, which disappoints yen bears.
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