Japan Leading Economic Index came in at 98.4, above forecasts (96.4) in March

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May 11, 2016

EUR/USD range-play continues below 1.1400

Broad based US dollar weakness remained the underlying theme in the Asian session, driving the EUR/USD gradually lower below 1.14 handle.

Bilal Hafeez, Research Analyst at Nomura, suggests that the term Helicopter money (Drone money) may have lay dormant for years