Today we have European Union GDP figures and Retail Sales data in the United States coming out. Both are very important reports. Stock markets continue its fall overnight and the U.S. dollar index continues its advance.
U.S. policymakers are "pretty clear" in their views that Japan should refrain from any steps to intentionally weaken the yen, such as intervention in currency markets, a key economic adviser to Prime Minister Shinzo Abe said on Wednesday.
The Bank of Japan held off from expanding monetary stimulus on Thursday, defying market expectations for action even as soft global demand, an unwelcome rise in the yen and weak consumption threatened to derail a fragile economic recovery.