France Industrial Output (MoM) registered at -0.3%, below expectations (0.3%) in November

FXStreet.com (Barcelona)

Jan 9, 2015

EUR/JPY extends losses on Bearish German Data

The single currency fell further against the Japanese yen, heading towards eight week lows on increased bets of a Sovereign QE by European Central Bank (ECB) soon after softer German industrial production and trade balance data hurt market sentiments.

Raising interest rates in 2015 would retard US growth – Fed’s Kocherlakota comments

Federal Reserve of Minneapolis President Narayana Kocherlakota highlighted in his speech that an increase in the central bank's borrowing costs in 2015 would have a negative impact on price growth.