Friday, January 18, 2013

FOREXYARD: Forex News Blog

FOREXYARD: Forex News Blog

Link to Forex Trading Education : Forex Trading Blog by FOREXYARD

Market Review 16.01.2013

Posted: 16 Jan 2013 02:49 AM PST

printprofile

The USD/JPY fell an additional 88 pips during the Asian session last night, as recent comments from the Japanese Economics Minister, who warned that an excessively bearish yen would be bad for Japanese imports, helped the JPY recover some of its recent losses.

The EUR/USD saw minor losses during the overnight session, following comments from a euro-zone official who warned that the common-currency was gaining too much, too quickly. The pair, which is currently trading at 1.3270, lost close to 40 pips since last night.

Main News for Today

US Core CPI-13:30 GMT
• Forecasted to come in at 0.2%, slightly higher than last month's 0.1%
• Better than expected news today could lead to dollar gains during afternoon trading

US Crude Oil Inventories- 15:30 GMT
• Forecasted to come in at 2.0M, significantly higher than last week's 1.3M
• A higher than expected figure today could lead to a drop in crude oil prices during afternoon trading

Read more forex news on our forex blog
Posted by at

2 comments:

  1. forex tipsJanuary 18, 2013 at 7:40 PM

    Nice article as for me. It would be great to read something more concerning this theme. The only thing it would also be great to see on this blog is some pics of some gadgets. forex tips

    ReplyDelete
  2. BloggerFebruary 10, 2017 at 6:12 AM

    Forex Trendy is an advanced application capable of recognizing the most reliable continuation chart patterns. It scans through all the forex pairs, on all time frames and analyzes every potential breakout.

    ReplyDelete

Subscribe to: Post Comments (Atom)