USD/JPY Forecast February 3, 2012, Technical Analysis
USD/JPY fell again on Thursday as traders prepare for the Non-Farm Payroll number today. The market almost always will react in violent moves to this announcement, and this pair is no different. The levels we are approaching though – they suggest
Market Factors to watch - Feb 3
PRESS DIGEST - ExxonMobil agrees to increase output at Cepu block-BP Migas Oil and gas regulator BP Migas said ExxonMobil have agreed to increase oil production at the Cepu block to 27000 barrels per day (bpd) this year from the current rate of 22000 ...
Gold retreats from 8-week high as dollar strengthens
Gold prices retreated from earlier eight-week highs above $1750 an ounce on Thursday as the dollar strengthened and equity markets eased, but the metal remained underpinned by strong investment appetite.
Romanian Central Bank Lowers Benchmark Interest Rate for a Third Time
Romania's central bank cut its benchmark interest rate by a quarter point for the third time in as many meetings to boost economic growth amid Europe's debt crisis while the inflation rate falls to post-communist lows. The Bucharest-based Banca ...
JPY To Remain In Demand -BNY Mellon
(Dow Jones via eFXnews) JPY to remain in demand says BNY Mellon reminding us of JPY's solid relationship with US Treasury yields. But the JPY has only strengthened substantially against USD and EUR, it has remained relatively stable against a lar
USD/JPY, EUR/USD Flows: Yamaguchi:Yen rise will likely not trigger immediate ...
DJ: BOJ Deputy Governor Gov Hirohide Yamaguchi said he doesn't think the yen's recent rise will trigger immediate policy action by the central bank as he said it will take time to judge the currency's trend and its impact on the economy.
Japan Steps Up Yen Warning; Azumi Says Can't Overlook Speculative Moves
The renewed strength of the yen once again is threatening the country's foreign trade and hampered the economy's prospects of recovery. Japan posted its first annual trade deficit since 1980 with a shortfall of JPY 2.49 trillion in 2011, data from the ...
The Opening Bell: Where currencies start on Thursday, February 2, 2012
By Dan Bell The NZD/USD traded to a fresh 4 month high of 0.8350 overnight and opens this morning around 0.83. The US Dollar remains under broad pressure with the AUD/USD over 1.07 this morning, while the EUR hit a high over 1.32.
Greenback Weakens As Manufacturing Trails Forecast
Oil futures steadied following the release of the EIA crude oil inventories report, to trade around $98.65 a barrel from $98.84. The 17-bloc currency rose versus the dollar, driving the EUR/USD pair up from the opening level of $1.3076 to trade around ...
USD/JPY Fundamental Analysis Feb 1, 2012, Forecast
The Australian House Price Index (HPI) measures the change in the selling price of homes in the nation’s eight state capitals. It is a leading indicator of health in the housing sector.A higher than expected reading should be taken as positiv
Australian Stock Market Report - Midday 2/1/2012
On the economic front today, the number of new homes sold in December fell by 4.9 pct. This report is based on a survey of Australia's 100 largest builders. The report is released on a monthly basis by the Housing Industry Association (HIA).
FX USD/JPY: Out of focus despite move down to 76.14 yesterday
USD/JPY made numerous attempts to trade lower during the course of the global day yesterday. Asia saw numerous stabs below 76.20 and further attempts down were seen in London and New York. The upshot was a move down to a fresh low for the year of 76.14 ...


