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Qatar National Bank, the Middle East’s largest lender by assets, said it had taken immediate steps to ensure customers would not suffer any financial loss after a security breach last week exposed personal data of thousands of clients. “We are taking every measure to protect the privacy of our cu...
The Bank of Japan (BOJ) announced this Monday that it will introduce a broad index of private consumption in addition to the government's existing monthly household spending data series, Reuters reports.

The new index will measure the strength of consumer spending based on supply-side data, such as retail sales and surveys on corporate business activity, and would have a strong correlation to consumer sentiment surveys and Japan's gross domestic product (GDP) data, BOJ added.

The BOJ will begin releasing the new index this month.
Axel Rudolph, Senior Technical Analyst at Commerzbank, argued the pair needs to close above 1.4664 in order to allow further upside.

Key Quotes

GBP/USD is pushing hard into the 1.4664 February high which is tough overhead resistance. While it caps, we will retain our overall negative bias”.

“However a daily close above 1.4664 will neutralise our outlook and trigger a move to at least 1.4875 the 200 day ma”.
The GBP/USD pair is seen wavering back and forth in 40-pips narrow range, with no fresh fundamental triggers as the UK markets remain closed on account of a public holiday.

GBP/USD eyes UK PMIs this week
Analysts at BBH expect the Polish central bank to keep its benchmark rates unchanged at its meeting later in the week.

Key Quotes

Polish central bank meets Friday and is expected to keep rates steady at 1.5%”.

“It has been on hold at 1.50% since its last 50 bp cut in March 2015. Almost the entire MPC has been replaced this year by the incoming Law and Justice party, but the last piece of the puzzle may fall into place in June when central bank President Belka will also be replaced”.
Jane Foley, Senior FX Strategist at Rabobank, believes the cross could slip toward lower levels in the next periods.

Key Quotes

“15 months after being forced to walk away from its EUR/CHF 1.20 exchange rate floor, the SNB is still struggling to contain an overvalued exchange rate”.
The long search for the real person behind Bitcoin
Ahead of the key RBA monetary policy decision on Tuesday, the AUD/JPY pair continues to find some buying interest at lower levels, assisting the pair to hold its neck above 81.00 round figure mark.
The USD/CHF pair stalled its recovery from 2-week lows just ahead of 0.96 handle and fell sharply, before finding support near daily lows and now consolidates the recent downslide.

USD/CHF finds good support at daily S1