Greece Producer Price Index (YoY) climbed from previous -7% to -4.3% in February

The Pound Sterling (GBP) rebounds strongly in Wednesday’s London session as the United Kingdom Office for National Statistics (ONS) reported that the Consumer Price Index (CPI) for March grew more than what economists had expected.

European Central Bank policymaker Peter Kazimir said on Monday that the ECB can gradually relax restriction by lowering the key rates in June, given the persistent fall in inflation.

Japanese Finance Minister Shunichi Suzuki said on Monday that he is “watching FX moves closely.” He added that he “wants to be fully prepared re the movement in FX.” .