United States Chicago Fed National Activity Index rose from previous 0.14 to 0.73 in November

FXStreet.com (Barcelona)

Dec 22, 2014

BOJ does not see low crude prices as obstacle to reach inflation target – Nomura

Research Analysts at Nomura comment on the recent BoJ policy meeting, noting that the central bank pointed towards the positive impact on the economy due to falling oil prices and failed to consider it as an obstacle to their inflation target.

EUR is up off its lows, focus still on ECB QE – Scotiabank

Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, notes that EUR is up 0.3% in the NA open after Friday’s lows, further adding that with limited data in sight the focus still remains in the ECB QE.