Analytics, News, and Forecasts for CFD Markets: currency news — 31-12-2012.

EUR/USD

Offers $1.3295/310, $1.3280/85, $1.3235/40

Bids  $1.3160/50, $1.3125/15, $1.3100, $1.3085/80

GBP/USD

Offers  $1.6285/300, $1.6260, $1.6200/10, $1.6175/80

Bids $1.6120, $1.6100,$1.6085/75, $1.6050, $1.6010/00

AUD/USD

Offers $1.0510, $1.0500, $1.0480, $1.0450/55, $1.0420/30

Bids $1.0335/30, $1.0310/00, $1.0250, $1.0240/30

EUR/JPY

Offers Y115.00,Y114.80/85, Y114.15/20, Y114.00

Bids Y113.10/00, Y112.70/65, Y112.50, Y112.00, Y111.60/50

USD/JPY

Offers Y87.50, Y87.20/25, Y86.80/85, Y86.30/35

Bids Y85.60/50, Y85.30/25, Y85.10/00,Y84.85/80, Y84.50

EUR/GBP

Offers stg0.8280, stg0.8245/50, stg0.8200/05

Bids  stg0.8150, stg0.8125/20, stg0.8115/10, stg0.8100, stg0.8095/90

AUD / USD has lost the 1.0400 level, weak a session high 1.0411 reached in the morning in Asia.

In the last hour of the AUD / USD intraday low 1.0365 updated and returned to the opening price. At the moment the exchange rate is trading at 1.0370.

USD / CAD has offset more than half of the November-December decline from a maximum to a minimum 1.0057 0.9825. Last Friday, the pair failed to return to the level of parity, and it closed at 0.9970.

Hit a low at 1.3175, today in Europe, EUR / USD continues to trade below the psychological mark of 1.32.

According to the CFTC, the number of net short positions on the EUR continues to decline.

Today's rally was limited to a maximum of 86.18, and since then, USD / JPY is trading between the aforementioned level and mark 86.00. The market is thin trading in the absence of economic events. Japanese markets are closed for a bank holiday, while in the U.S. scheduled release of data on industrial activity in the area of ​​the Federal Reserve Bank of Dallas.

This year, the USD / JPY made ​​a sharp rebound from historic lows reached in late 2011. After Abe led government, USD / JPY updated yearly highs at 86.64.

The dollar index touched a two-week high, while the bidders follow the last-ditch attempt to prevent U.S. lawmakers' fiscal cliff. "

The dollar index ICE, tracks the greenback against a basket of six other major currencies, rose to 79.680 against 79.622 in late everoamerikanskoy Thursday session.

The dollar began to show growth due to the fact that investors think about is whether the U.S. government to reach an agreement on the prevention of automatic tax increases and spending cuts to the tune of several billion dollars. Legislators have only a few days to complete the negotiations.

U.S. President Barack Obama has asked congressional leaders to come to the White House on Friday for talks with a view to reaching agreement on the prevention of tax increases and spending cuts next year.

The euro fell against most of its 16 major counterparts after data showed that producer prices in Italy in November decreased by 0.1% compared with October, the decline has been observed for the third consecutive month. At the same time, the data on GDP growth in France in the 3rd quarter were revised by the National Bureau of Statistics on Friday to 0.1% from 0.2% previously announced due to reduction in investment.

Japanese Yen recovered against the U.S. dollar and the euro in low trading volume on Friday after Japanese Finance Minister Taro Aso said that Japan is not seeking a sharp decline in its national currency.

According to Aso, the U.S. government should work hard to achieve a strengthening of the dollar, while Japan is not seeking "a radical weakening of the yen." Such statements helped the yen to recover some lost ground against the dollar and the euro during the European session.

Earlier, the Japanese currency reached a 28-month low against the dollar and a 17-month low against the euro. The Japanese currency fell against major currencies after data earlier on Friday who reported that industrial production in Japan in November decreased by 1.7% compared to the previous month. This report was worse than expected. Meanwhile, data on consumer prices indicated that the country is still suffering from deflation.

00:00Japan Bank holiday-

00:30Australia Private Sector Credit, m/mNovember +0.1%+0.3%+0.4%

00:30Australia Private Sector Credit, y/yNovember +3.8%+3.7%+3.5%

01:45China HSBC Manufacturing PMI(finally)December 50.950.951.5

The yen is set to close out its biggest annual decline in seven years amid speculation the Bank of Japan  will increase cash provisions to stoke inflation, debasing the currency. BOJ Governor Masaaki Shirakawa said the central bank and the government must work together to end deflation, the Nikkei newspaper reported, citing him in an interview. The BOJ will hold its first 2013 policy meeting on Jan. 21-22 when it releases updates on its growth and consumer-price forecasts. Shirakawa said the BOJ will discuss details of an inflation target requested by newly installed Prime Minister Shinzo Abe at the meeting, according to the Nikkei newspaper.

Australia’s dollar climbed against most of its major counterparts after a private report showed manufacturing grew at the fastest pace in 19 months in China, the nation’s biggest trading partner. The final reading for a Chinese manufacturing gauge by HSBC Holdings Plc and Markit Economics showed the index was at 51.5 this month, the highest since May 2011 and above the reading of 50 that indicates expansion. China is Australia’s biggest trading partner.

Investors are weighing whether U.S. leaders can avert more than $600 billion in tax increases and spending cuts, known as the fiscal cliff that’s set to take effect next month. Senate Majority Leader Harry Reid said the chamber will resume work today and that he hopes the Senate will have further announcements even as there are still “significant differences” among the parties involved.

Japan’s financial markets are shut today for a national holiday and there’ll be no trade in major markets tomorrow.

EUR/USD: during the Asian session the pair fell to $1.3185.

GBP/USD: during the Asian session the pair fell to $1.6150.

USD/JPY: during the Asian session, the pair traded around Y86.00.

00:00Japan Bank holiday-

00:00Germany Bank holiday-

00:30Australia Private Sector Credit, m/mNovember +0.1%+0.3%+0.4%

00:30Australia Private Sector Credit, y/yNovember +3.8%+3.7%+3.5%

01:45China HSBC Manufacturing PMI(finally)December 50.950.951.5