US EIA Crude Oil Stocks rises to 6.421M in January 24 week

Jan 29, 2014

GBP/USD off lows

The GBP/USD managed to bounce from 2-day lows during the New York session and erased intraday losses to trade nearly flat on the day as investors await the Fed monetary policy decision.

Flash: EUR/USD: upside remains limited – FXStreet

Valeria Bednarik, chief analyst at FXStreet notes that the EUR/USD upside remains limited as long as below the descendant trend line around 1.3685 and a clear advance above it is required to reverse current short term bearish tone.