Forex Bull

Profits at China’s oil producers, steel makers and other major industrial companies fell sharply in January and February as sales were battered by the global economic crisis, data showed Friday.

The yen weakness trend may reverse in the coming weeks, says Sharada Selvanathan, currency strategist at BNP Paribas. She tells CNBC’s Stephen Sedgwick & Lisa Oake what will change the yen’s course.    Watch Video MEDIA: VIDEO Permalink

We will continue to see negative pressure on the greenback, believes David Mann, FX strategist at Standard Chartered Bank. He explains to CNBC’s Chloe Cho what is weighing on the dollar.    Watch Video MEDIA: VIDEO Permalink

GBPUSD has formed a short term cycle top at 1.4779 level on 4-hour chart. Further fall to test 1.4394 support is possible later today, a break below this level will

Posted By: Reuters The yen rose against the dollar on Friday, recovering some losses made the previous day, as a major Japanese investor repatriated funds from overseas ahead of the business-year end this month.    Read More Topics: euro | Economy (U.S.) | Economy (Global) | Foreign Exchange | Interest Rates | Employment | Currencies | U.S. Dollar | Yen MEDIA: PHOTO Permalink

A strong close in US Equity markets suggests we start the final day of the week with risk taking appetite and already Asian indices are following wall streets lead. For currencies, this then suggests our focus would now be on dumping funding currencies with Yen and dollar immediately coming to mind

The market?s barometers of risk are showing steady improvement, just like many key instruments; however, the burden of uncertainty and threats of financial shocks are just greater now than they were a few weeks and months ago.

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FXbootcamp London Outlook 03/27/2009 (Daily FX)

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European Economic Calendar: 03-27-09 (Daily FX)

Discussing whether the U.S.