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Could "take other steps" to tackle oil glut - OPEC Sec-Gen El-Badri

OPEC Secretary-General Abdullah El-Badri crossed the wires via CNBC last minutes, suggesting that oil producers could "take other steps" to tackle the oil glut if a proposed supply freeze is successful.

EUR/USD: Very limited upside - SocGen

Research Team at Societe Generale, suggests that the EUR/USD pair has breached above the down channel (1.1060/1.10) however indicators point to very limited upside.
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USD/JPY: bears cheer risk-off in equities

The bid tone around JPY strengthened further in early Europe, pushing the USD/JPY pair to a daily low of 112.05 amid negative action in the European stock futures.
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