Forex. Brokers, News, Trades

U.S. Industrial Production/Capacity Utilization
January 2011
Ind Prod: 0.0% vs. +0.70% exp. vs. +1.00%r prev.
Cap Util: 78.5% vs. 78.60% exp. vs. 78.60%r prev.

€/$ dips on rumors that German officials feel a Greek default is unavoidable – Merkel spokesman denies the chatter. This may be what was behind the euro drop the past half hour.

worth a read:

Australia unexpectedly lost jobs for a second straight month in December, capping the nation’s worst year for employment in almost two decades and weakening the local currency as traders raised bets on interest-rate cuts.

http://www.businessweek.com/news/2012-01-19/australia-registers-worst-year-for-employment-since-92-economy.html

Greek Finance Ministry official says a PSI deal is just hours away from being completed. Not much reaction so far as there has been chatter of an imminent deal that has been underpinning European stocks and the EURO today.

EURUSD pops Monday, January 30, 2012 12:07 PM
EU leaders confirm agreement for ESM bailout mechanism. Will go into effect in July. Treaty to be signed at later date.

EURUSD spikes higher following Greek official saying a debt deal could be done by Sunday night. High extended by 2 pips to 1.3186, key resistance remains at 1.3197.

There has been chatter that a deal is near so this should not be a surprise but it is the reaction to news that is important.

University of Michigan Sentiment Index

January 2012 Final
75.0 vs. 74.0 exp. vs. 74.0 prev.

Japan Retail Sales, December 2011
+2.5% vs. +2.30% exp. vs. -2.30% prev.

Soros says that German steps could create tension that will destroy EU.

UK GDP preliminary 4Q11
qq: -0.2% vs. -0.1% exp. vs. +0.6% prev.
yy: +0.8% vs. +0.8% exp. vs. +0.5% prev.

Latest BOE Policy Vote and Minutes: Tighten = 0 Unchanged = 9 Ease = 0

AUD/USD outlook next 24 hours:

Global markets will focus on the FOMC meeting 23 hours from now.

Australian CPI will attract market attention this afternoon. While AUD momentum slowed yesterday, it remains positive and targets 1.0600.

Tuesday, January 24, 2012 11:15:18 AM

(CH) SNB’s Danthine: Will continue enforce minimum floor in EUR/CHF; Franc remains highly valued. EURCHF slightly higher on this headline

(CH) SNB’s Danthine: Will continue enforce minimum floor in EUR/CHF; Franc remains highly valued

EURCHF slightly higher on the headline

the IMF`s projection for world GDP is 3,3%.
which is down by -0,7% from September 2011 estimate.

IMF cuts 2013 global growth to 3,9% from 4,5%

S&P says Greece likely to be downgraded to ”selective default”