Forex Calendar

Daily FX Update

News that Japan has fallen into recession is weighing heaving on markets leading into the NA open and

USDJPY was the big mover in Asia trading, falling to 115.78 post the GDP report from a day high above 117.

In the US industrial production is due for release and we expect an increase of 0.2%m/m in October.

With today’s new base in place, we could well be looking at annual retail growth toward 5.5% being registered by mid next year.

In the week ahead, investors will be focusing on Wednesday’s minutes of the Federal Reserve’s October meeting and

The USD is broadly stronger into the open, reacting to both the fundamental currency outlook,

Central Europe posts solid growth figures in 3rd quarter

The USD is slightly stronger against the major currencies.

After a quiet week on the data front we have an interesting day ahead of us.

Bonds rallied again yesterday on both sides of the Atlantic.

The USD is mixed as we head into the NA session, with commodity currencies (ex-CAD) outperforming following the

EURUSD is flat at 1.2443, USDJPY is marginally higher at 115.70, and