- Analytics
- News and Tools
- Market News
Analytics, News, and Forecasts for CFD Markets: currency news — 12-07-2012.
During the American session, the euro showed a slight increase due to the lack of important economic data. A slight decrease was seen after the publication of data on the federal budget, which came out better than expected. Pounds during the entire session is rapidly decreased, reaching minimum values at the same time on June 8. The Australian dollar started to fall today, after data showed that unemployment rose. But during the American session the pair was trading kept in the maximum values reached. The yen during the session, consolidating after the sharp decline in the early afternoon on the background comments of the Bank of Japan monetary policy and the decision to leave interest rates unchanged.
The closest support level of $ 1.5400 (June 7 low)
EUR/USD $1.2200, $1.2215, $1.2225, $1.2230, $1.2285
USD/JPY Y78.75, Y79.00, Y79.85, Y80.00
AUD/USD $1.0200
EUR/AUD A$1.2065
NZD/USD $0.8000
Experts Barclays and Goldman Sachs, as well as the research firm Macroeconomic Advisers lowered projections for U.S. GDP growth in the second quarter of this year due to not enough strong data released yesterday by the foreign trade of goods and supplies to wholesalers of the country.
For example, analysts at Barclays revised forecast from 2.5% (in terms of annual growth) to 1.5%. The experts Goldman Sachs expects GDP growth of 1.3% compared to the previously expected 1.4%, and analysts Macroeconomic Advisers cut its forecast from 1.4% to 1.2%.
Data
05:30 France CPI, m/m June -0.1% -0.1% +0.1%05:30 France CPI, y/y June +2.0% +1.9% +2.3%
07:00 Japan BOJ Press Conference -
08:00 Eurozone ECB Monthly Report July
09:00 Eurozone Industrial production, (MoM) May -0.8% 0.0% +0.6%
09:00 Eurozone Industrial Production (YoY) May -2.3% -3.2% -2.8%
The yen rose to the strongest level in almost six weeks against the euro as signs global growth is slowing underpinned demand for the relative safety of the Japanese currency.
The dollar appreciated versus all but one of its 16 major counterparts after South Korea unexpectedly cut interest rates and European and Asian stocks declined.
The euro fell below $1.22 for the first time since July 2010.
The yen briefly erased its daily advance versus the dollar and euro after the BOJ boosted its purchase program and said it will continue powerful monetary easing. The BOJ expanded its asset-purchase fund by 5 trillion yen to 45 trillion yen and cut the size of a credit loan facility by the same amount to 25 trillion yen. The central bank held its benchmark rates at between zero to 0.1 percent and left the maturity of government debt it buys unchanged at three years.
Australia’s dollar dropped for the fourth time in five days after the statistics bureau said in Sydney said the number of people employed in the country fell by 27,000, almost erasing a revised 27,800 job gain in May. The jobless rate increased for a second month, to 5.2 percent from 5.1 percent.
EUR / USD: during the European session, the pair renewed two-year low of $ 1.2169
GBP / USD: a pair of updated intraday low $ 1.5432
USD / JPY: during the session, the pair has updated intraday low Y79.23
At 12:30 GMT, Canada publishes an index of housing prices in the primary market in May. At 12:30 GMT the U.S. will the number of initial claims for unemployment insurance and the number of repeated applications for unemployment benefits, as well as the import price index for June. At 18:00 GMT the U.S. will provide a monthly performance report.
EUR/USD
Offers $1.2300, $1.2275, $1.2250
Bids $1.2175/70, $1.2150
EUR/GBP
Offers stg0.8080/90, stg0.8040/50, stg0.8020/25, stg0.8010, stg0.8000/05, stg0.7980/85, stg0.7925/35, stg0.7910
Bids stg0.7855/50, stg0.7810/00
USD/JPY
Offers Y80.10, Y80.00, Y79.75/80, Y79.50
Bids Y79.00
EUR/JPY
Offers Y98.20, Y98.00, Y97.50, Y96.90/00
Bids Y96.50, Y96.00, Y95.50
AUD/USD
Offers $1.0250, $1.0235/40, $1.0200, $1.0170/75
Bids $1.0100, $1.0075/70, $1.0050, $1.0000
GBP/USD
Offers $1.5620/25, $1.5600/10, $1.5580, $1.5545/50, $1.5470/80
Bids $1.5440, $1.5410/00, $1.5380, $1.5350, $1.5330
Lagarde expects to see further growth in consumption in China
The volatility of capital flows to emerging markets rose
Central banks in South Asia have "room for maneuver"
EU member states had made progress in resolving the crisis
Members of the European Union must do more
Resistance 3: Y80.10 (Jul 5 high)
Resistance 2: Y79.95 (Asian session high)
Resistance 1: Y79.64 (MA(200) for Н1)
Current price: Y79.29
Support 1: Y79.12 (Jul 11 low)
Support 2: Y78.78 (Jun 20 low)
Support 3: Y78.60 (Jun 15 low)
Resistance 3: Chf1.0060 (MA (200) for W1)
Resistance 2: Chf1.0000 (psychological level)
Resistance 1: Chf0.9910 (Dec 2010 high)
Current price: Chf0.9857
Support 1: Chf0.9765 (Jul 11 low)
Support 2: Chf0.9680 (MA (200) for H1)
Support 3: Chf0.9580 (Jul 5 low)
Resistance 3: $ 1.5620 (Jul 5 high)
Resistance 2: $ 1.5570 (MA (200) for H1)
Resistance 1: $ 1.5515 (Asian session high)
Current Price: $ 1.5456
Support 1: $ 1.5400 (Jun 7 low)
Support 2: $ 1.5315 (Jun 5 low)
Support 3: $ 1.5270 (Jun 1 low)
Resistance 3: $ 1.2540 (Jul 5 high)
Resistance 2: $ 1.2410 (MA (200) for H1)Resistance 1: $ 1.2300 (Jul 11 high)
Current Price: $ 1.2202
Support 1: $ 1.2195 (session low)
Support 2: $ 1.2145 (Jun 2010 low)
Support 3: $ 1.2000 (psychological level)
Sold E7.5bln 12-month BOT, average yield 2.697% (3.972%), cover 1.55 (1.73)
EUR/USD $1.2200, $1.2215, $1.2225, $1.2230, $1.2285
USD/JPY Y78.75, Y79.00, Y79.85, Y80.00
AUD/USD $1.0200
EUR/AUD A$1.2065
NZD/USD $0.8000
00:00 Australia RBA Assist Gov Lowe Speaks -
01:00 Australia Consumer Inflation Expectation July +2.3% +3.3%
01:30 Australia Unemployment rate June 5.1% 5.2% 5.2%
01:30 Australia Changing the number of employed June 38.9 0.3 -27.0
02:30 Japan BoJ Interest Rate Decision - 0.10% 0.10% 0.10%
02:30 Japan BoJ Monetary Policy Statement -
07:00 Japan BOJ Press Conference -
The yen climbed against all its major counterparts as economic slowdown concerns enhanced demand for the currency as a haven, overshadowing an unexpected increase in the Bank of Japan asset-purchase fund. Japan’s currency briefly erased daily gains against the dollar and euro after the BOJ boosted its purchase program and said it’s continuing powerful monetary easing. The BOJ expanded its asset-purchase fund to 45 trillion yen ($566 billion) from 40 trillion yen and held its benchmark rate at between zero and 0.1 percent. Ten of 17 analysts surveyed by Bloomberg News expected no change to the BOJ’s policy.
The so-called Aussie dollar led declines among major currencies as data showed Australian employers cut payrolls in June and before a report that may show manufacturing in the euro region remained stagnant in May.
Industrial production in the euro area probably failed to grow in May after two months of decline, according to the median estimate of economists in a Bloomberg survey before the European Union’s statistics office publishes the data today.
EUR / USD: during the Asian session the pair fell to yesterday’s low.
GBP / USD: during the Asian session the pair holds in range $1.5495-$1.5515.
USD / JPY: during the Asian session the pair fell.
European data for Thursday starts at 0530GMT with France HICP data for June, which is followed at 0600GMT by Germany wholesale prices data. At 0755GMT, ECB Governing Council member Ewald Nowotny is due to make opening/closing remarks on the first day of the Joint Vienna Institute conference, in Vienna. The ECB is due to publish the July Monthly Bulletin at 0800GMT, at the same time as the release of the IEA monthly oil market report. EMU data at 0900GMT sees May industrial output. At 1600GMT, ECB President Mario Draghi is due to hold a joint press conference with Bank Al-Maghrib Governor Abdellatif Jouahri, in Casablanca.
US data starts at 1230GMT with the weekly jobless claims data as well as the June Import, Export Price Index. Initial jobless claims are expected to fall 4,000 to 370,000 in the July 7 holiday week after falling in the previous two weeks. Weekly EIA Natural Gas Storage data then follows at 1430GMT. The US is also due to hold a 30-year bond auction today, while at 1800GMT, in the June Treasury Budget Statement, the US Treasury is expected to post a $70.0 billion budget gap in June, compared with the $43.1 billion gap in June 2011. Later on, at 1940GMT, San Francisco Fed President John Williams speaks to the Community Leaders Luncheon sponsored by the Bank and afterward will answer questions of the audience and then of the media. Late US data also includes the 2030GMT release of M2 Money Supply data.
UK data at 0830GMT includes CML Mortgage Approvals and also Vehicle Licensing Statistics for May.
During the American session, the euro declined against the dollar on the eve of publication of the protocol of the last meeting of the Committee on the Federal Open Market. After the announcement of the results of the dollar rose sharply, by updating the prospect that a two-year maximum. This news also contributed to other currencies. Pounds during the entire session is rapidly decreased, and after the publication of minutes of FOMC meetings close to the minimum values of the Tuesday. Australian Dolar bargained kept during the session, but fell sharply in connection with the release of data from the Fed. The yen fell sharply before the publication of the protocols, but almost no reaction to the published data and is now trading in the area reached maximum values.
Resistance 3: Y80.10 (Jul5 high)
Resistance 2: Y79.95 (session high and Jul 6 high)
Resistance 1: Y79.65 (MA (200) H1)
Current price: Y79.47
Support 1: Y79.40 (session low, MA (50) H1)
Support 2: Y79.12 (Jun 29 low and Jul 11 low)
Support 3: Y78.60 (Jun 20 low)
Resistance 3: Chf0.10065 (Dec 2 high 2010)
Resistance 2: Chf0.9915 (Oct 10 high 2010)
Resistance 1: Chf0.9830 (Jul 11 high)
Current price: Chf0.9807
Support 1: Chf0.9765 (Jul 11 low, MA (100) H1)
Support 2: Chf0.9635 (Jul 10 low)
Support 3: Chf0.9685 (Jul 5 low)
Resistance 3: $ 1.5575 (MA (200) H1)
Resistance 2: $ 1.5545 ( Jul 6 and 10 high)
Resistance 1: $ 1.5520 (MA (50), H1)
Current Price: $ 1.5501
Support 1: $ 1.5485 (Jul 11 low)
Support 2: $ 1.5460 (Jul 6 low)
Support 3: $ 1.5400 (Jun 8 low)
Resistance 3: $ 1.2335 (Jul 10 high)
Resistance 2: $ 1.2295 (Jul 11 high, MA (100) H1)
Resistance 1: $ 1.2265 (MA (50), H1)
Current Price: $ 1.2241
Support 1: $ 1.2210 (Jul 11 low)
Support 2: $ 1.2150 (Jun low 2010)
Support 3: $ 1.2100 (psychological level)
(pare/closed(00:00 GMT +02:00)/change, %)
EUR/USD $ 1,2238 -0,11%
GBP/USD $ 1,5511 -0,03%
USD/CHF Chf0,9810 +0,10%
USD/JPY Y79,74 +0,43%
EUR/JPY Y97,58 +0,31%
GBP/JPY Y123,66 +0,39%
AUD/USD $1,0184 -0,07%
NZD/USD $0,7931 -0,10%
USD/CAD C$1,0198 -0,26%
00:00 Australia RBA Assist Gov Lowe Speaks -
01:00 Australia Consumer Inflation Expectation July +2.3%
01:30 Australia Unemployment rate June 5.1% 5.2%
01:30 Australia Changing the number of employed June 38.9 0.3
02:30 Japan BoJ Interest Rate Decision - 0.10% 0.10%
02:30 Japan BoJ Monetary Policy Statement -
05:30 France CPI, m/m June -0.1% -0.1%
05:30 France CPI, y/y June +2.0% +1.9%
07:00 Japan BOJ Press Conference -
08:00 Eurozone ECB Monthly Report July
09:00 Eurozone Industrial production, (MoM) May -0.8% 0.0%
09:00 Eurozone Industrial Production (YoY) May -2.3% -3.2%
12:30 Canada New Housing Price Index May +0.2% +0.3%
12:30 U.S. Initial Jobless Claims - 374 379
12:30 U.S. Import Price Index June -1.0% -1.4%
17:00 Eurozone ECB President Mario Draghi Speaks -
18:00 U.S. Federal budget June -124.6 -109.7
19:40 U.S. FOMC Member Williams Speaks
© 2000-2026. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
