By FXEmpire.com
Analysis and Recommendations:
The EUR/JPY continued its downward action falling to 97.38 as the euro is weakened on global sentiment and on worries over the ESM and the German courts, holding the EU or issuing an injunction until it decides if the ESM is constitutional in German.
The Bank of Japan will conclude its two day meeting and markets are hoping for some stimulus but expecting that the BoJ will do nothing.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more recent analysis and information in our weekly reports and we provide daily updates and outlooks
Economic Data July 13, 2012 actual v. forecast
|
Date |
Currency |
Event |
Actual |
Forecast |
Previous |
||||
|
Jul. 12 |
AUD |
RBA Assist Gov Lowe Speaks |
|||||||
|
AUD |
MI Inflation Expectations |
3.3% |
2.3% |
||||||
|
KRW |
South Korean Rate Decision |
3.00% |
3.25% |
3.25% |
|||||
|
AUD |
Employment Change |
-27.0K |
0.3K |
27.9K |
|||||
|
AUD |
Unemployment Rate |
5.2% |
5.2% |
5.1% |
|||||
Upcoming Economic Events that affect the AUD, NZD, JPY and USD
|
Date |
Time |
Currency |
Event |
Previous |
|
Jul 13 |
12:30 |
USD |
PPI m/m |
-1.0% |
|
13:55 |
USD |
Prelim UoM Consumer Sentiment |
73.2 |
Click here a current EUR/JPY Chart.
Originally posted here
