United States Business Inventories in line with forecasts (0.4%) in March

FXStreet.com (Barcelona)

May 13, 2014

USD/JPY tests the 102.00 level

The US dollar is trading under pressure after the weak retail sales data in the US. In this framework, the USD/JPY fell around 30 pips from daily highs at 102.35 to test the 102.00 area.

EMEA EM Express: Tensions persist in eastern Ukraine, Gazprom asks Kiev to pay for gas in advance

Following the weekend referendums in Donetsk and Luhansk in eastern Ukraine, the outcome of which showed the regions' support for succession, Russian President Vladimir Putin urged Kiev to respect the results. But neither Ukraine nor the EU have recognized the legitimacy of the referendum.