By FX Empire.com
USD/JPY Fundamental Analysis March 6, 2012, Forecast
Analysis and Recommendation: (close of Asian session)
USD/JPY opened the week trading at 81.77 and dropped a bit to end the trading day close to 81.61. The pair are expected to maintain this range with little economic data due in the US and Japan on Monday, there is little to move the pair. The only reaction will most likely be in response to the EUR/USD or USD weakness. The duo should open pretty close to where they are at present. On Tuesday there is also very little news, but Wednesday will bring several economic reports in Japan as well as employment reports in the US
Economic Events: (GMT)
|
Mar. 06 |
00:30 |
AUD |
Current Account |
|
03:30 |
AUD |
Interest Rate Decision | |
|
03:30 |
AUD |
RBA Rate Statement |
Government Bond Auction Schedule
Mar 05 10:10 Norway Bond auction
Mar 06 10:10 Greece Auctions 6M T-bills
Mar 06 10:15 Austria Bond auction
Mar 06 10.30 UK Auctions 0.75% 2034 I/L Gilt
Mar 06 15:30 UK Details gilt auction on Mar 15
Mar 07 10:10 Sweden Nominal bond auction
Mar 07 10:30 Germany Eur 4.0bn Feb 2017 Bobl
Mar 07 10.30 UK Auctions new Sep 2017 conventional Gilt
Mar 08 16:00 US
Announces auctions of 3Y Notes on Mar 12, 10Y Notes on Mar
13 & 30Y Bonds on Mar 14
Mar 08 16:30 Italy Details BOT auction on Mar 13
Mar 09 11:00 Belgium OLO mini bond auction
Mar 09 16:30 Italy Details BTP/CCTeu on Mar 14
Originally posted here
