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Fed's George: Unemployment 'very low' in US, causing labor shortages

Kansas Fed President Esther George recently crossed the wires saying that the low unemployment in the U.S. was causing labor shortages. Additionally, Chicago Fed President Charles Evans noted that the closing of GM plants would add to challenges in the manufacturing sector. 

Additional quotes

  • Fed's Evans: Time to get back to more neutral policy stance.
  • Fed's Bostic: 'Positive' overall economy still leaves 'pockets of distress'

USD/JPY retreats from highs, clings to small daily gains around 113.70

The USD/JPY advanced to its highest level since November 14 at 113.84 earlier in the NA session and lost its momentum in the last couple of hours. Ahe
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Gold finds support above $1210, consolidates losses

The yellow metal dropped sharply today and lost more than $10 from daily highs. Gold bottomed at $1,211.80, the lowest since November 15. From the low
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