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US NFIB Business Optimism Index rises to 88.9 in Jan from 88 in Dec

Forex: GBP/USD regains the 1.5600 level

The GBP/USD has recovered during the late morning of European trading, having risen off of its session lows at 1.5572. The earlier publication of data in the UK has apparently steadied the nerves of GBP proponents, as the cross has pared some of its losses to trade presently at 1.5613/15, still down -0.28% Tuesday.
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Forex: USD/JPY consolidates beyond 94.00

The Japanese yen is extending its weakness on Tuesday, trading in the upper end of today’s range around 94.25/30 so far, albeit posting marginal losses....
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