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10.10.2014, 09:20

Foreign exchange market. Asian session: the Australian dollar traded mixed against the U.S. dollar after the weaker-than-expected home loans from Australia

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

00:30 Australia Home Loans August +0.3% +0.2% -0.9%

00:45 Australia RBA Assist Gov Edey Speaks

05:00 Japan Consumer Confidence September 41.2 42.2 39.9

06:45 France Industrial Production, m/m August +0.3% Revised From +0.2% -0.2% 0.0%

06:45 France Industrial Production, y/y August +0.1% -0.3%

08:30 United Kingdom Trade in goods August -10.4 Revised From -10.2 -9.6 -9.1

The U.S. dollar traded mixed against the most major currencies. The greenback remained supported by yesterday's better-than-expected number of initial jobless claim in the U.S. The number of initial jobless claims in the week ending October 4 declined by 1,000 to 287,000 from 288,000 in the previous week. Analysts had expected the number of initial jobless claims to increase by 3,000 to 291,000.

The New Zealand dollar traded mixed against the U.S. dollar in the absence of any major economic reports from New Zealand.

The Australian dollar traded mixed against the U.S. dollar after the weaker-than-expected home loans from Australia. Home loans in Australia declined 0.9% in August, missing expectations for a 0.2% rise, after a 0.3% increase in July.

The Reserve Bank of Australia assistant governor Malcolm Edey told today that the long period of low interest rates led to a "concentration of risk- taking" in parts of Australian economy, particularly in the housing market.

The Japanese yen traded mixed against the U.S. dollar after the Bank of Japan (BoJ) minutes and Japan's tertiary industry index. The BoJ released its minutes from the latest meeting. The central bank said that exports remained weak. One BoJ board member expressed concerns that inflation target of 2% would be achieved in about two years.

Japan's tertiary industry index fell 0.1% in August, missing expectations for a 0.2% rise, after a 0.3% drop in July. July's figure was revised down from a flat reading.

Japan's consumer confidence index fell to 39.9 in September from 41.2 in August, missing expectations for a rise to 42.2.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

12:30 Canada Unemployment rate September 7.0% 7.0%

12:30 Canada Employment September -11.0 +20.0

12:30 U.S. Import Price Index September -0.9% -0.5%

13:00 U.S. FOMC Member Charles Plosser Speaks

14:30 Canada Bank of Canada Business Outlook Survey Quarter III

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