European Monetary Union Sentix Investor Confidence came in at 12.4, above expectations (3) in February

FXStreet.com (Barcelona)

Feb 9, 2015

EUR/GBP hits fresh session highs

EUR/GBP rallied mainly driven by the bouncing EUR/USD, while the cable remained flat. Investors are confused over the situation in Greece, as Greece government sticks to its plan to seek a bridge-loan.

Japan not sliding back into deflation – BOJ Morimoto

Bank of Japan (BOJ) board member Yoshihisa Morimoto, in a meeting with business leaders today said that Japan will not slide back into deflation as improvements in the economy are able to neutralize the temporary pressure on prices from plummeting oil prices, signalling that no immediate stimulus extension was necessary.