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NEXT WEBINARS
What moves currencies? - Trade Balance in sight
Expert: Tony Juste
Start: Wed, Jan 17, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- The importance in the exchange rate
- Posible market implications
24 hour Outlook
Expert: John Putman
Start: Thu, Jan 18, 18:00 GMT
Sponsored by:
Type of Session: Webinar
Topics
- GBP/USD, etc.
- EUR/USD
Current Session: U.S.
USD/JPY
Mid-Day Forex Technical Report - Dollar Steady Despite Disappointing NY State Manufacturing Index by ActionForex.com
USD/JPY edges marginally higher to 120.75 but upside momentum is unconvincing with 4 hours MACD stays below signal line. Nevertheless, intraday bias will still be on the upside as long as USD/JPY stays above 120.04 minor support and further rise should be seen towards next upside target of 121.38 resistance (05 high).
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Insight on the fundamentals in the Fundamentals section at FXstreet.com
- What's next on the agenda? Take a look at our Economic Events Calendar
- What's going on in the markets? Read our latest Forex news
Other Topics for this Session:
Global FX Daily - U.S. Edition - Media speculation about a BoJ rate hike continues by Mellon Foreign Exchange
FX Thoughts for the Day - FX Thoughts for the day - Evening - 16-Jan-2007....1203 GMT by Kshitij Consultancy Service
Technical Analysis Special - Technical analysis special: EUR/CZK by Mizuho Corporate Bank
Currencies at a Glance
- EUR/USD
- Drops below 1.2950
1/16/2007 4:40:08 PM - GBP/USD
- Moves down below 1.9650
1/16/2007 4:42:56 PM - USD/CHF
- Moves up above 1.2450
1/16/2007 4:44:58 PM - USD/JPY
- Moves up above 120.50
1/16/2007 4:47:27 PM
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
New Zealand CPI
| Period | Previous | Consensus | Time |
| 4Q (QoQ) | 0.7% | -0.1% | Jan 16, 21:45 GMT |
| 4Q (YoY) | 3.5% | 2.8% | Jan 16, 21:45 GMT |
Economic Release Alert - New Zealand Consumer Price Index by FXCM
For the first time in six years, analysts are predicting that consumer prices dropped in the fourth quarter of 2006. The combination of a strong currency and lower oil prices makes this a serious possibility. After rising 9 percent in the third quarter, the New Zealand dollar rose another 8.5 percent in the fourth quarter against the US dollar while oil prices fell 15 percent.
[ Full Story ]Top Market Movers Review
Bank of Canada Rate Decision
| Previous | Movement |
| 4.25% | On Hold at 4.25% |
Bank of Canada keeps key interest rate at 4.25 pct by AFX News
The Bank of Canada kept its key lending rate unchanged at 4.25 pct today, pointing to the risks to the Canadian economy of a slowdown in US growth. "With weaker US growth, output growth in Canada decelerated, likely averaging about 1.6 pct in the second half of 2006," the BoC said in a statement accompanying the decision.
[ Full Story ]- Bank of Canada keeps target for the overnight rate at 4 1/4 per cent - Bank of Canada
- Bank of Canada leaves rates on hold (FXstreet.com)