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NY Fed's GDP Nowcast for 2019:Q1 unchanged at 1.4%

"The New York Fed Staff Nowcast stands at 1.4% for 2019:Q1 and 2.0% for 2019:Q2," the Federal Reserve Bank of New York said in its latest Nowcasting Report.

Key quotes

"News from this week's data releases left the nowcast for 2019:Q1 unchanged and increased the nowcast for 2019:Q2 by 0.1 percentage point."

"Positive surprises from prices data accounted for most of the increase."

USD/JPY tests 112 as 10-year US T-bond yield gains nearly 2% on the day

Despite the broad-based USD weakness, the USD/JPY preserved its bullish momentum on Friday and touched the 112 mark for the first time since early Mar
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EUR/USD consolidates daily and weekly gains above 1.1300

The EUR/USD pair is trading in a range between 1.1300 and 1.1330, consolidating significant weekly gains on a quiet American session ahead of the week
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