ECB's Nowotny: We are watching effect of euro on inflation

ECB governing council member and Austrian National Bank governor Ewald Nowotny recently crossed the wires, via LiveSquawk, saying that they were watching the effect of euro on inflation and further added that the shared currency had become something of a safe-saven like the CHF. 

Japan: Another victory for Abe likely – Nomura

Japanese local media, such as Asahi and Nikkei, report that the ruling coalition (LDP and Komeito) has been gaining momentum and they conducted large
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EUR/USD wobbling around 1.1800, daily lows

The selling mood around the shared currency stays unchanged during the European morning, with EUR/USD coming down to test the 1.1790 region just to bo
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