PBOC to unleash more stimulus: Goldman Sachs

In an interview with Bloomberg earlier today, Timothy Moe, chief Asia-Pacific strategist at Goldman Sachs, discussed China's CPI/ PPI data and his outlook for the economy and the yuan. Mr. Moe noted that, despite a better Feb CPI print, the PBOC is expected to roll out further stimulus going forward.

USD/JPY: Yen weakest in Asia, looks to test 114

The bulls tightened their grip over the last hour, now pushing the USD/JPY pair further towards 114 handle, on the back of a solid rebound staged by the Japanese stocks.
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EUR: Draghi Diminished? - TDS

Ned Rumpeltin, European Head of FX Strategy at TDS, suggests that against the backdrop of a very uncertain outcome at this week’s ECB meeting, we do not think pre-positioning in EURUSD ahead of the event offers an attractive risk/ reward trade-off.
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