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NEXT WEBINARS
What moves currencies? - Wrapping-up the week
Expert: Tony Juste
Start: Fri, Jan 19, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Where to from here?
- Market activity
Weekly Webinar: 1st on Forex - The Week Ahead
Expert: Jerry Furst
Start: Mon, Jan 22, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Calculating Support and Resistance Zones
- Scheduled Economic Events - The Ones To Watch
- Scanning the Major Pairs - What Looks Interesting!
Current Session: U.S.
USD/JPY
Daily Forex Forecast - Daily Forex Forecast by FXDream
USD/JPY has risen beyond 121.40 target as it was suggested as Bank of Japan has left the interest rate unchanged at 0.25%. The bias remains postive and a break above 121.40 cricial Resistance may squeeze price higher towards 121.80-90 area later today. On downside, first Support comes at 120.90 previous high ahead of 120.30 key one.
- 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:
Mid-Day Forex Technical Report - Dollar Still in Range after Solid data, Philly Fed Awaited by ActionForex.com
Forex Daily Analysis - Against expectations BOJ wasn't raise the interest rate by ForexYard
Daily Trade Analysis - GBPUSD looking to Target 1.9800 Level by AMZ Capital
Currencies at a Glance
- EUR/USD
- Moves up to trade around 1.2950
1/18/2007 5:20:15 PM - GBP/USD
- Moves up above 1.9700
1/18/2007 5:22:10 PM - USD/CHF
- Moves down below 1.2500
1/18/2007 5:24:14 PM - USD/JPY
- Trades around 121.25
1/18/2007 5:26:16 PM
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
New Zealand Retail Sales
| Period | Previous | Consensus | Time |
| November (Headline) | 0.3% | -0.1% | 18 Jan, 21:45 GMT |
| November (Ex-Autos) | 0.2% | n/a | 18 Jan, 21:45 GMT |
Economic Release Alert - New Zealand Retail Sales by FXCM
Retail sales in New Zealand are expected to have slipped 0.1 percent in November, offering the RNBZ evidence that aggressive consumer spending may eventual revoke its support of the nation's stubbornly high inflation rate. Most of the indicators that can be used in the speculation of the sales number are either from the producer side or otherwise lagging. Reporting activity from the business side of New Zealand reports a broad improvement, though these numbers are likely skewed by exports.
[ Full Story ]Top Market Movers Review
U.S. CPI
| Period | Previous | Consensus | Actual |
| December (Headline) | 2.0% | 2.4% | 0.5% |
| December (Core) | 2.6% | 2.6% | 0.2% |
US CPI rises 0.5% in December on energy prices by FXstreet.com
Consumer prices grew in December in the US according to the expectations, 0.5% due to increasing energy prices, excluding energy and food, the core CPI increased a milder 0,2%, as the latest report by the Labor Department shows. The 0.5% increase of December follows a flat performance in November, and, regarding underlying inflation, the 0.2% reading can be seen as a sign of easing pressure from mid-2006.
[ Full Story ]- Consumer Price Index - Bureau of Labor Statistics
- US December CPI up 0.5 pct, core CPI up 0.2 pct (AFX News)
- Unexpected increase in US Housing Starts (FXstreet.com)
- US weekly jobless claims down 8,000 to 290,000; lowest since February (AFX News)
- Dollar gains after U.S. housing and inflation data (Reuters)