By FXEmpire.com
Analysis and Recommendation:
The USD/JPY remains strong against the greenback trading at 79.09 this morning. The pair remain rangebound in the lower half of the 79 range.
There is little eco data on either side of the globe today, so news flow is expected to be important as markets watch and listen closely to the 2nd day of testimony by Fed Chairman Bernanke, but nothing new is expected that was not contained in his prepared opening statement.
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.
Economic Data July 19, 2012 actual v. forecast
|
Date |
Currency |
Event |
Actual |
Forecast |
Previous |
|
Jul. 18 |
JPY |
Monetary Policy Meeting Minutes |
|||
|
AUD |
MI Leading Index (MoM) |
0.8% |
0.5% |
Upcoming Economic Events that affect the AUD, NZD, JPY and USD
|
Date |
Time |
Currency |
Event |
Previous |
|
Jul 19 |
1:30 |
AUD |
NAB Quarterly Business Confidence |
-1 |
|
12:30 |
USD |
Unemployment Claims |
||
|
14:00 |
USD |
Existing Home Sales |
4.55M |
|
|
14:00 |
USD |
Philly Fed Manufacturing Index |
-16.6 |
|
|
Jul 20 |
1:30 |
AUD |
Import Prices q/q |
-1.2% |
Click here for further USD/JPY Forecast.
Originally posted here
