Analytics, News, and Forecasts for CFD Markets: currency news — 06-02-2013.

EUR/USD $1.3450, $1.3500, $1.3530, $1.3600, $1.3700

USD/JPY Y93.00, Y93.25, Y93.50

GBP/USD $1.5630, $1.5700, $1.5800

Data

00:00 New Zealand Bank holiday -

00:30 Australia Retail sales (MoM) December -0.1% +0.3% -0.2%

00:30 Australia Retail Sales Y/Y December +3.1%

08:00 United Kingdom Halifax house price index January +1.3% -0.2% -0.2%

08:00 United Kingdom Halifax house price index 3m Y/Y January -0.3% +1.6% +1.3%

11:00 Germany Factory Orders s.a. (MoM) December -1.8% +0.8% +0.8%

11:00 Germany Factory Orders n.s.a. (YoY) December -0.9% -1.2% -1.8%

The euro exchange rate fell sharply against the dollar, reaching with one-week low, as many market participants are waiting for the meeting of the European Central Bank, which will be held tomorrow.

The single currency fell against most of its 16 major currencies, against the fact that the Prime Minister of Spain, faced opposition calls to resign, and the expectations of investors report losses for 2008 and 2009 of Banca Monte dei Paschi di Siena SpA.

The yen weakened to a 32-month low against the dollar on speculation that the new head of the Central Bank of Japan will increase monetary easing supporter.

Pound fluctuates within a narrow range against the dollar, which is associated with the published data today which showed that house prices in Britain registered in January its first annual increase since October 2010, increasing by 1.3%. However, despite a marked improvement, the value of this indicator was below analysts' expectations of 1.6%. Note also that on a monthly basis the cost of housing fell by 0.2%, in line with the fall, which was celebrated last month, and coincided with the estimates of experts. At the same time, Halifax noticed signs of improvement, which occurred in the housing market at the end of 2012 is likely to remain in the new year.

The Australian dollar fell against all but one of the 16 major currencies, as released today, retail sales were worse than analysts' expectations. It provokes new calls to reduce the interest rate RBA. Rate in December fell by 0.2% against November. This was heard reports the Australian Bureau of Statistics, while economists had expected retail sales to increase by 0.5%. A small increase of 0.1% in the fourth quarter was also significantly lower than the expected 0.5% growth.

EUR / USD: during the European session the pair fell to the low of $ 1.3498

GBP / USD: during the European session the pair fell to $ 1.5631, but later rose to the maximum session at $ 1.5677

USD / JPY: during the European session the pair is trading in a narrow range, demonstrating a slight decrease

An important event is the output from the Ivey PMI index of Canada in January, to be released at 15:00 GMT. At 21:45 GMT New Zealand will report on changes in the number of employed and the unemployment rate for the 4th quarter. Finish the day at 23:50 GMT Japan, announced a change in orders for machinery and equipment in December.

EUR/USD

Offers $1.3650, $1.3610-25, $1.3600, $1.3560/65, $1.3550

Bids $1.3500, $1.3485/80, $1.3460/40, $1.3420, $1.3400

GBP/USD

Offers $1.5720/30, $1.5700, $1.5680/85

Bids  $1.5630, $1.5610/00, $1.5580/70

AUD/USD

Offers $1.0455/60, $1.0435/40, $1.0420/25, $1.0375/80

Bids  $1.0250, $1.0200, $1.0150, $1.0110/00

EUR/JPY

Offers Y128.50, Y128.00, Y127.70/75, Y127.25/30

Bids  Y126.55/50, Y126.00, Y125.80/70, Y125.50, Y125.30/20, Y125.05/00

USD/JPY

Offers Y94.75, Y94.50, Y94.30, Y94.25

Bids Y93.65/60, Y93.30, Y93.00, Y92.65/60, Y92.40/35

EUR/GBP

Offers stg0.8720, stg0.8700

Bids stg0.8610/00, stg0.8585/80, stg0.8555, stg0.8545/40, stg0.8525/20, stg0.8500

Mixed trends stock indexes in Europe demonstrate against the controversial publication of investors' expectations of quarterly reports ArcelorMittal, Volvo AB, Vinci SA.

To date:

FTSE 100 6,313.94 +31.18 +0.50%

DAX 7,670.84 +6.18 +0.08%

CAC 3,684.92 -7.94 -0.28%

ArcelorMittal shares were up 2.3%. While net loss in 2012 amounted to 3.73 billion dollars against a net profit of 2.26 billion dollars in 2011.

Volvo AB capitalization grew by 3.8%, but the profit of the company was worse than expected.

Market quotes Vinci SA fell 2.4% after publishing a report on reducing profitability in 2012. In addition, the company expects revenue growth in 2013.

The market value of Syngenta fell 2%, while net income for the year was $ 1.87 billion, which beat analysts' forecasts $ 1.82 billion

EUR/USD $1.3450, $1.3500, $1.3530, $1.3600, $1.3700

USD/JPY Y93.00, Y93.25, Y93.50

GBP/USD $1.5630, $1.5700, $1.5800

00:00 New Zealand Bank holiday -

00:30 Australia Retail sales (MoM) December -0.1% +0.3% -0.2%

The yen weakened to 94 per dollar for the first time since May 2010 on speculation Japan’s government will hasten the selection of a new central bank chief to take further steps to end deflation. Japan’s Prime Minister Shinzo Abe will present his candidate for the next BOJ governor to opposition parties after a visit to the U.S. this month, public broadcaster NHK reported today, without saying where it got the information.

Japan’s currency added to yesterday’s biggest drop versus the euro in more than a week after Bank of Japan Governor Masaaki Shirakawa said he will step down on March 19, almost three weeks before his term is due to end.

Demand for the 17- nation euro was supported on prospects the European Central Bank will refrain from easing monetary policy tomorrow. In Europe, the ECB, which has held its main refinancing rate at 0.75 percent since July, will probably make no change at tomorrow’s policy meeting, according to all 60 economists surveyed by Bloomberg News.

Government data due today are forecast to show German factory orders rose 0.7 percent in December from November, when they dropped 1.8 percent, according to the median estimate of economists in a Bloomberg News poll.

The Australian dollar slid after data showed the nation’s retail sales unexpectedly fell in December. Retail sales in Australia fell 0.2 percent in December from the previous month, when they dropped a revised 0.2 percent, the Bureau of Statistics said in Sydney today. The median forecast in a Bloomberg survey of economists for a 0.3 percent gain.

EUR/USD: during the Asian session, the pair traded in the range of $1.3570-95.

GBP/USD: during the Asian session, the pair traded in the range of $1.5650-65.

USD/JPY: during the Asian session, the pair rose above Y94.00.

There is a very limited calendar on both sides of the Atlantic Wednesday. The European calendar kicks off at 0745GMT, with the release of the French PPI data for December. At 0900GMT, the SMMT January car registration data will be released. At 1100GMT, the German December manufacturing orders data will cross the wires. Factory orders are seen up 0.7% m/m and down 1.7% on year. Germany re-opens its 5-year benchmark 0.50% Feb 2018 Bobl for up to E4.0bln. There is only limited UK data, starting with the release of the Halifax house price index data for January. Traders are looking for a further uptick, underlining recent improvements seen in other indices. Expectations are for a rise of 0.1% on month and 1.6% on a 3 mo y/y basis. At 0900GMT, the SMMT January car registration data will be released.

(pare/closed(00:00 GMT +02:00)/change, %)

EUR/USD $1,3582 +0,52%

GBP/USD $1,5657 -0,68%

USD/CHF Chf0,9082 0,00%

USD/JPY Y93,63 +1,35%

EUR/JPY Y127,15 +1,84%

GBP/JPY Y146,58 +0,70%

AUD/USD $1,0388 -0,47%

NZD/USD $0,8446 +0,18%

USD/CAD C$0,9954 -0,32%

00:00 New Zealand Bank holiday -

00:30 Australia Retail sales (MoM) December -0.1% +0.3%

00:30 Australia Retail Sales Y/Y December +3.1%

08:00 United Kingdom Halifax house price index January +1.3% -0.2%

08:00 United Kingdom Halifax house price index 3m Y/Y January -0.3% +1.6%

11:00 Germany Factory Orders s.a. (MoM) December -1.8% +0.8%

11:00 Germany Factory Orders n.s.a. (YoY) December -1.0% -1.2%

15:00 Canada Ivey Purchasing Managers Index January 52.8 53.2

15:30 U.S. Crude Oil Inventories - +5.9

21:45 New Zealand Unemployment Rate IV quarter 7.3% 7.1%

21:45 New Zealand Employment Change, q/q IV quarter -0.4% +0.4%