Februray review

February ended on a down note after steep losses in Friday's trading. Each of the major indices finished more than 2% lower, dragged down by underwhelming economic data and corporate headlines. 10 year with the ever bearish USD index finished the week badly. On the forex corner, USD/JPY closed in 103.74, re-testing the low of 102 in sight, with no sign of intervention from BOJ. EURO contined its march closing in 1.5178 although profit taking hits on, any sign of more USD weakness will prompt to higher price. High yielding AUS and NZD holding on its gun for more marching on. March FED meeting wll be most watch for traders with the accompany statement for world's biggest economy movement. It will be a much action packed march wow!