By FXEmpire.com
Analysis and Recommendation: (close of the Asian session)
The NZD/USD is up at .07852 posting modest gains against most major currencies as Chinese officials injected US$63 billion worth of stimulus into their economy. This boost help the kiwi overcome worries about the political turmoil in Greece.
The euro will likely be in the spotlight again today after coalition talks over the weekend appeared to have stalled as left-leaning minority parties refused to join a unity government with the Socialists and the centre-right New Democracy Party.
The euro recently traded at US$1.2915, near a four month low as the USD benefited from the risk aversion mode of the markets.
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 up to the data analysis and information in our weekly reports, which cover the current week and are published by Sunday before the new week begins.
In Today’s Asian Session actual v. forecast
|
May 14 |
JPY |
CGPI (YoY) |
-0.2% |
-0.3% |
0.5% |
|
AUD |
Home Loans (MoM) |
0.3% |
-2.0% |
-2.5% |
Upcoming Economic Events that affect the AUD, NZD, JPY, CNY and USD
|
May 16 |
01:30 |
AUD |
Westpac Consumer Sentiment |
-1.60% |
|
|
02:30 |
AUD |
Wage Price Index (QoQ) |
1.0% |
||
|
23:45 |
NZD |
PPI Input (QoQ) |
0.5% |
||
|
May 17 |
00:50 |
JPY |
GDP (QoQ) |
0.9% |
-0.2% |
|
05:30 |
JPY |
Industrial Production (MoM) |
1.0% |
Government Bond Auctions (this week)
Date Time Country
May 15 09:30 Belgium
May 15 09:30 UK
May 16 08:50 France
May 16 09:10 Sweden
May 16 09:30 Germany
May 16 09:50 France
May 16 14:30 Sweden
May 17 08:30 Spain
May 17 15:00 US
May 17 17:00 US
Click here a current NZD/USD Chart.
Originally posted here
