Intra-day Market Moving News and Views
07 Dec 2015
01:19GMT

USD/JPY - ....... Despite Friday's swift retreat from 123.38 to 122.72 in volatile trading post the release of U.S. jobs report, the greenback found support and rebounded to 123.29 in New York afternoon before easing.
Renewed buying in New Zealand today has pushed price higher n the pair continues to trade with a firm undertone in Tokyo morning.

Since there is no major eco. data due today, price is likely to carry on its trading patter post the release of Friday's jobs data.
Bids are now seen at 122.90/00 and more below at 122.70/80 with stops building up below there whilst initial offers are noted at 123.40/50, suggesting choppy trading would be seen.

Data to be released:

Japan coincident indicator, leading indicator, Germany industrial output, euro zone's Sentix index and U.S. employment trend on Monday.

New Zealand mfg sales, Japan current account, economy watchers poll, GDP, U.K. retail sales, industrial output, mfg output, Australia business conditions, business confidence, China exports, imports, trade balance, France budget balance, exports, imports, trade balance, euro zone's GDP, U.S. business optimism, Redbook, Canada house starts and building permits on Tuesday.

Japan machinery order, Australia consumer confidence index, housing finance, China CPI, PPI, Swiss unemployment rate, Germany exports, imports, trade balance, U.S. wholesale inventories, wholesale sales and New Zealand interest rate on Wednesday.

New Zealand retail sales, Japan survey index, corporate good price, Australia employment, unemployment rate, France non-farm payroll, CPI, industrial output, inflation ex-tobacco, Swiss interest rate, U.K. housing survey, trade balance, BoE monetary policy decision, U.S. initial jobless claims, export prices, import prices, Federal budget, Canada capacity utilization and new housing price index on Thursday.

New Zealand mfg PMI, China, urban investment, industrial output, retail sales, Germany CPI, HICP, France current account, Italy, industrial output, U.S. retail sales, PPI, University of Michigan sentiment preliminary and business inventories on Friday.
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