Analytics, News, and Forecasts for CFD Markets: currency news — 20-02-2013.

EUR/USD $1.3310, $1.3350, $1.3475, $1.3500

USD/JPY Y92.00, Y92.50, Y94.50

EUR/JPY Y125.00

GBP/USD $1.5500

Data

00:30 Australia Wage Price Index, q/q Quarter IV +0.7% +0.8% +0.8%

00:30 Australia Wage Price Index, y/y Quarter IV +3.7% +3.4% +3.4%

02:30 New Zealand RBNZ Governor Graeme Wheeler Speaks February

04:30 Japan All Industry Activity Index, m/m December -0.4% +1.6% +1.8%

07:00 Germany Producer Price Index (MoM) January -0.3% +0.4% +0.8%

07:00 Germany Producer Price Index (YoY) January +1.5% +1.2% +1.7%

07:00 Germany CPI, m/m (Finally) January -0.5% -0.5% -0.5%

07:00 Germany CPI, y/y (Finally) January +1.7% +1.7% +1.7%

07:45 France CPI, m/m January +0.3% -0.2% -0.6%

07:45 France CPI, y/y January +1.3% +1.4% +1.4%

09:30 United Kingdom Average earnings ex bonuses, 3 m/y December +1.4% +1.4% +1.3%

09:30 United Kingdom Bank of England Minutes February

09:30 United Kingdom ILO Unemployment Rate December 7.7% 7.7% 7.8%

09:30 United Kingdom Average Earnings, 3m/y December +1.5% +1.4% +1.4%

09:30 United Kingdom Claimant count January -12.1 -5.3 -12.5

09:30 United Kingdom Claimant Count Rate January 4.8% 4.8% 4.7%

10:00 Switzerland Credit Suisse ZEW Survey (Expectations) February -6.9 10

The dollar rose against the euro, while restoring lost during the Asian session, the position, as many market participants are awaiting publication of U.S. data on the housing market, the index of producer prices, and no less important event - exit protocols meeting FOMC. Note also that some support euro was published data for Germany, which revealed that in January, the price pressure selling prices in Germany were stronger than expected due to the high cost of electricity, screening is widely expected slowdown in the German consumer price inflation. According to the report, producer prices rose in January by 0.8% in monthly terms, and rose by 1.7% per year, compared with forecasts at 0.4% and 1.2%, respectively.

The pound fell to a 15-month low against the euro after the Bank of England minutes showed that some officials voted to expand the program to buy assets at a meeting this month. Sterling fell to its lowest level since June against the dollar after reports showed that the policy is also considered cutting interest rates. Note that Mervyn King, Paul Fisher and David Miles in a vote called for increased bond purchase program by 25 billion pounds ($ 38.3 billion) to 400 billion pounds, while the remaining six members of the Monetary Policy Committee were against the increase. Also exerted pressure on the currency presented data that showed that, according to estimates of the International Labour Organization, the number of unemployed for three months (December) increased by 10,000, reaching with 2.5 million people, amid the unemployment rate rose to mark of 7.8%, compared to 7.7% three months earlier (before November). At the same time, the Office for National Statistics reported that the number of unemployed in the same period decreased by 14 thousand. The ONS also said that the number of employed people increased by 154,000 (in the three months to December), while still achieving the level of 29.730 million, which is the highest figure since the introduction of registration in 1971. In addition, the Office for National Statistics said the number of applications for unemployment benefits fell in January by 12,500 to 1.54 million,

The New Zealand dollar fell against 16 major peers after the governor of the Reserve Bank of New Zealand Wheeler said the bank is ready to intervene in the foreign exchange market if necessary. Meanwhile, he added that the official interest rate will also be used if necessary. In addition, it was announced that the central bank is also considering the possibility of macro tools that can support monetary policy. At the same time, Graham Wheeler acknowledged that the New Zealand dollar was "significantly overvalued" in terms of the economic base, a negative effect on some of the production sectors.

EUR / USD: during the European session, the pair decreased by setting the minimum at $ 1.3365

GBP / USD: during the European session the pair fell to the low of $ 1.5278

USD / JPY: during the European session, the pair has grown, and is now trading at Y93.55

At 13:30 GMT the U.S. will report the volume of building permits issued and the number of new foundations of bookmarks in January. Also at this time, will the producer price index and producer price index excluding prices for food and energy in January. At 15:00 GMT Eurozone present indicator of consumer confidence for February. At 19:00 GMT will be publication of the minutes of the Fed meeting.

EUR/USD

Offers $1.3550, $1.3520, $1.3480, $1.3450/60, $1.3440

Bids $1.3380, $1.3355/50, $1.3320, $1.3300, $1.3290, $1.3280/70

GBP/USD

Offers $1.5600/10, $1.5580/85, $1.5550, $1.5520, $1.5505/10, $1.5460-80

Bids $1.5270, $1.5235

AUD/USD

Offers $1.0450, $1.0415/20, $1.0405/10, $1.0400, $1.0380/85

Bidsу $1.0330, $1.0305/00, $1.0275/70, $1.0250, $1.0240/35

EUR/GBP

Offers stg0.8850, stg0.8800, stg0.8780

Bids stg0.8700, stg0.8665/60, stg0.8650, stg0.8640

EUR/JPY

Offers Y126.50, Y126.30, Y126.00, Y125.60/80

Bids Y124.80, Y124.55/50, Y124.40/35, Y124.05/00, Y123.55/50

USD/JPY

Offers Y94.40, Y94.20/30, Y93.95/00, Y93.70/80

Bids Y93.15/10, Y93.00, Y92.90, Y92.80/75, Y92.65/60, Y92.50

EUR/USD $1.3310, $1.3350, $1.3475, $1.3500

USD/JPY Y92.00, Y92.50, Y94.50

EUR/JPY Y125.00

GBP/USD $1.5500

The euro rose against the dollar on positive results of the February survey ZEW. Economic sentiment in Germany (from 31.5 to 48.2) and the euro area (from 31.2 to 42.4) improved in February, exceeding forecasts of 35.0 and 35.5 respectively. Assessment of the current situation fell from 7.1 to 5.2 vs. 9.0 (in Germany). We also learned that in December, production in the construction sector eurozone fell by 1.7% m / m vs. 0.4% a month earlier. In the annual comparison index fell by 4.8% compared to -4.7% in November. Current account deficit narrowed in December, Greece from € -0.850 billion to € -0.534 billion

The Australian dollar rose Tuesday against most major currencies after the Reserve Bank of Australia does not rule out the possibility of further lowering the interest rate in case of a fall in economic growth in the region. RBA said that he was satisfied that the series has lasted more than lower rates help stimulate the economy. According to published protocols Tuesday meeting of the central bank, which was held on February 5, the rate of inflation the central bank of Australia provides room for further lowering rates. As a result of this meeting, it was left unchanged at 3.0%.

The Canadian dollar has increased the loss and fell to a new 7-month low after weak economic data in Canada. Wholesale Canada in December fell by 0.9%. The rate of decline is more than two times higher than economists' expectations. Foreign investors reduced their holding are in Canadian shares for 6.68 billion Canadian dollars (6.59 billion U.S. dollars) in December, which was the most significant decline since November 2007. The reason for this was the activities of companies in mergers and acquisitions, said the agency Statistics Canada. Foreign investors in the year invested a total of 83.19 billion Canadian dollars in securities of Canada, with most of this capital was invested in debt securities.

The yen rose against the dollar on comments by Japanese authorities as well as the lack of a common position in the government as to the approach to monetary policy has an impact on the behavior of the Japanese yen. Finance Minister Aso spoke against purchases of foreign bonds, as opposed to Prime Minister Abe. The focus of investors is Abe met with U.S. President Barack Obama. If Obama will support policy measures taken by Abe, the weakening of the yen will continue, experts say.

The British pound fell to the lowest level since July 1.5415 dollar. On the British currency negatively affects fears that tighter fiscal policy will continue to put pressure on the economy, concerns possible downgrade the credit rating of the United Kingdom and the assumption that the next head of the Bank of England will announce the implementation Carney milder policy than that which supports the current Managing King. UK authorities may welcome drop pounds if it will strengthen the competitiveness of British exports. Last week, King said that the weakening of the pound is necessary to reduce the deficit of foreign trade in the UK.

00:30 Australia Wage Price Index, q/q Quarter IV +0.7% +0.8% +0.8%

00:30 Australia Wage Price Index, y/y Quarter IV +3.7% +3.4% +3.4%

02:30 New Zealand RBNZ Governor Graeme Wheeler Speaks February

04:30 Japan All Industry Activity Index, m/m December -0.3% +1.6% +1.8%

The euro rose for a second day before data today that economists said will show consumer confidence in the currency bloc improved. The European Commission will probably say today that its index of consumer confidence improved to minus 23.2 this month from minus 23.9 in January, according the median estimate of economists surveyed by Bloomberg News. That would follow data from yesterday showing investor confidence in Germany, the region’s biggest economy, jumped to a three-year high.

The yen reversed an earlier slide as investors speculated the Bank of Japan’s policy board will refrain from adding to monetary stimulus until new leadership takes over. The currency fell earlier after Japan posted a record trade deficit. Japan posted a trade deficit of 1.63 trillion yen ($17.4 billion) in January, the Ministry of Finance said in Tokyo today, the biggest shortfall on record dating back to 1947.

New Zealand’s dollar plunged after the central bank said it’s prepared to intervene to weaken its currency. In New Zealand, central bank Governor Graeme Wheeler said the monetary authority is prepared to step in to curb gains in the nation’s currency. “When the New Zealand dollar is coming under upward pressure, we want investors to know that the kiwi is not a one- way bet,” Wheeler said in a speech to manufacturers and exporters in Auckland today.

EUR / USD: during the Asian session, the pair rose to $1.3435.

GBP / USD: during the Asian session, the pair rebounded to $1.5450.

USD / JPY: during the Asian session the pair fell to a week's low.

German PPI and CPI data due up at 0700GMT to provide the early interest, US PPI at 1330GMT into the afternoon, with Eurozone consumer confidence at 1500GMT gaining some interest. ECB Noyer in a WSJ interview was seen countering calls for a cut in the refi rate, preferring to narrow spreads. ECB Asmussen suggested market could be cautiously optimistic on Q1 growth following a weak Q4. Fed FOMC Minutes due for release at 1900GMT.

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

EUR/USD $1,3387 +0,28%

GBP/USD $1,5424 -0,25%

USD/CHF Chf0,9224 -0,09%

USD/JPY Y93,56 -0,41%

EUR/JPY Y125,26 -0,13%

GBP/JPY Y144,30 -0,67%

AUD/USD $1,0355 +0,48%

NZD/USD $0,8467 +0,20%

USD/CAD C$1,0112 +0,07%

00:30 Australia Wage Price Index, q/q Quarter IV +0.7% +0.8%

00:30 Australia Wage Price Index, y/y Quarter IV +3.7% +3.4%

02:30 New Zealand RBNZ Governor Graeme Wheeler Speaks February

04:30 Japan All Industry Activity Index, m/m December -0.3% +1.6%

07:00 Germany Producer Price Index (MoM) January -0.3% +0.4%

07:00 Germany Producer Price Index (YoY) January +1.5% +1.2%

07:00 Germany CPI, m/m (Finally) January -0.5% -0.5%

07:00 Germany CPI, y/y (Finally) January +1.7% +1.7%

07:45 France CPI, m/m January +0.3% -0.2%

07:45 France CPI, y/y January +1.3% +1.4%

09:30 United Kingdom Average earnings ex bonuses, 3 m/y December +1.4% +1.4%

09:30 United Kingdom Bank of England Minutes February

09:30 United Kingdom ILO Unemployment Rate December 7.7% 7.7%

09:30 United Kingdom Average Earnings, 3m/y December +1.5% +1.4%

09:30 United Kingdom Claimant count January -12.1 -5.3

09:30 United Kingdom Claimant Count Rate January 4.8% 4.8%

10:00 Switzerland Credit Suisse ZEW Survey (Expectations) February -6.9

13:30 U.S. Building Permits, mln January 0.903 0.920

13:30 U.S. Housing Starts, mln January 0.954 0.925

13:30 U.S. PPI, m/m January -0.2% +0.3%

13:30 U.S. PPI, y/y January +1.3% +1.6%

13:30 U.S. PPI excluding food and energy, m/m January +0.1% +0.2%

13:30 U.S. PPI excluding food and energy, Y/Y January +2.0% +1.6%

15:00 U.S. Mortgage Delinquencies Quarter IV 7.4%

15:00 Eurozone Consumer Confidence February -23.9 -23.1

19:00 U.S. FOMC meeting minutes January

21:00 New Zealand ANZ Job Advertisements (MoM) January +0.4%