AceTraderFx Apr 24: Intra-Day Market Moving News and Views USD/JPY, NZD/USD

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AceTraderFx Dec 8: Intra-Day News and Views (USD/JPY) & data to be released today

Intra-day Market Moving News and Views
08 Dec 2015 01:18GMT

USD/JPY - ........ The greenback resumed its recent ascent post the release of Friday's upbeat U.S. jobs report and gained to session high at 123.48 in European morning yesterday, however, broad-based buying of JPY pressured the pair lower to 123.20 at New York midday.
Later, price staged a rebound to 123.40 ahead of Tokyo open before falling again to 123.22 as data showed Japan narrowly avoided a technical recession.

Since there is no major eco. data releases from U.S. today, price is likely to trade with a similar bias today.
Bids are now seen at 123.10/20 and more below at 122.90/00 with stops building up below there whilst initial offers are noted at 123.50/60 and more above at 123.70/80.

Data to be released on Tuesday:

New Zealand manufacturing sales, Japan current account, economy watchers poll, GDP, U.K. retail sales, industrial output, manufacturing 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

 

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AceTraderFx Dec 9: Intra-Day News and Views (USD/JPY) & data to be released today

Intra-day Market Moving News and Views
09 Dec 2015 01:11GMT

USD/JPY - ........ The greenback remained under pressure in Asia yesterday and continued to ratchet lower throughout European session. Price eventually hit session low at 122.72 in New York morning, however, dlr pared its losses and staged a rebound to 123.09 before retreating again.
Later, the pair found renewed buying at 122.84 in Australia and recovered to 123.05 in Tokyo morning as data showed Japan's core machinery orders unexpectedly rose

Pay attention to the release of wholesale inventories and wholesale sales at 15:00GMT. Street forecasts are 0.1% and 0.4% vs. previous readings of 0.5% and 0.5% respectively.

Offers are now seen at 123.10/20 and more above at 123.30/40 with stops building up above there whilst initial bids are noted at 122.50/60, suggesting selling on pullback is the favored strategy.

Data to be released on Wednesday:

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.

 

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AceTraderFx Dec 10: Intra-Day News and Views (USD/JPY) & data to be released today

Intra-day Market Moving News and Views
10 Dec 2015 01:33GMT

USD/JPY - ...... The greenback fell from Asian high at 123.05 to as low as 121.83 on safe haven demand of jpy. Dlr met renewed selling interest at 122.27 in New York morning after the release of downbeat U.S. wholesale inventories sales and tumbled to intra-day low at 121.07 in New York morning.
However, price pared its losses and staged a short-covering rebound to 121.75 ahead of Tokyo open before falling again to 121.28 in Tokyo morning.

Pay attention to the release of U.S. jobless claims at 13:30GMT. Street forecast is for an unchanged figure at 269K.

Offers are now seen at 121.70/80 and more above at 121.90/00 with stops building up above there whilst initial bids are noted at 121.10/20, suggesting choppy trading with near term downside bias would be seen.

Data to be released on Thursday:
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.

 

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AceTraderFx Dec 11: Intra-Day News and Views (USD/JPY) & data to be released today

Intra-day Market Moving News and Views
11 Dec 2015 01:32GMT

USD/JPY - ........ Despite yesterday's initial rise to 121.87 in European morning, the greenback dropped to 121.24 ahead of New York open on broad-based buying of yen.
However, price pared its losses and recovered to 121.66 near New York closing. Dlr continued to ratchet higher and rose at Tokyo open and hit 122.10 in Tokyo morning, helped by the 200 points rally in Nikkei-225 index.

Pay attention to the release of retail sales at 13:30GMT and U. of Michigan consumer sentiment at 15:00GMT.
Street forecasts are 0.3% and 91.0 vs previous readings of 0.1% and 91.3 respectively.

Offers are now raised to 122.10/20 n more above at 122.30/40 with stops building up above there whilst initial bids are noted at 121.50/60, suggesting choppy trading would be seen.

Data to be released on Friday:
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.

 

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AceTraderFx Dec 14: Intra-Day News and Views (USD/JPY) & data to be released today

Intra-day Market Moving News and Views
14 Dec 2015 01:20GMT

USD/JPY - ....... The greenback staged a short-covering rebound from Friday's low at 120.58 and opened higher to 121.18 in NZ today. However, renewed selling there pressured the pair lower and dlr retreated to 120.64 ahead of Tokyo open before stabilising in Tokyo morning.

As there is no major eco. data due today, market focus is now on the release Fed's rate decision on Wednesday.
Offers are now seen at 121.10/20 and more above at 121.30/40 with stops building up above there whilst initial bids are noted at 120.30/40, suggesting selling on recovery is the favored strategy.

Data to be released:

Japan large manufacturing outlook, non-manufacturing outlook, large manufacturing index, non-manufacturing index, large all industry Capex, tertiary industry index, industrial production, capacity utilization,
Italy consumer price index, U.K. house price index and Eurozone industrial production on Monday.

Australia home price index, Swiss producer and import prices, U.K. PPI input prices, RPI, RPIX, PPI core output, CPI, PPI output prices, house price, Eurozone economic sentiment, employment, Germany, current conditions, economic sentiment, leading economic index, Canada manufacturing sales, U.S. NY empire state manufacturing index, core CPI, CPI, Redbook, housing market index, net L-T flows, overall net capital flows and foreign buying on Tuesday.

New Zealand current account, inflation expectations, Australia leading indicator, France manufacturing flash PMI, service flash PMI, Germany manufacturing flash PMI, service flash PMI, Eurozone manufacturing flash PMI, service flash PMI, trade balance, inflation, U.K. average earnings, average week earning, claimant count unemployment change, unemployment rate, Swiss investor sentiment, U.S. mortgage applications, build permits, housing starts, industrial output, capacity utilization, manufacturing PMI, Fed fund target rate and overall net capital flows on Wednesday.

New Zealand GDP, Japan adjusted merchandise trade balance, merchandise trade balance total, exports, import, foreign investment in japan stocks, foreign bond investment, France business climate, Germany IFO current assessment, IFO expectations, IFO business climate, Italy global trade balance, trade balance EU, U.K. retail sales, retail sales ex-fuel, CBI industrial trends survey, Eurozone construction output, U.S. current account, initial jobless claims, continuing jobless claims, Philadelphia Fed manufacturing survey, CB leading indicator and EIA natural gas storage change on Thursday.

New Zealand ANZ activity outlook, China MNI business sentiment indicator, Japan BoJ interest rate decision, France producer prices, Italy wage inflation and Eurozone current account on Friday.

 

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AceTraderFx Dec 15: Intra-Day News and Views (USD/JPY) & data to be released today

Intra-day Market Moving News and Views
15 Dec 2015 01:27GMT

USD/JPY - ........ Despite yesterday's sharp selloff from European open high at 121.34 to as low as 120.35 at New York midday on broad-based dlr weakness, the greenback pared its losses and staged a strong rebound to 121.08 in Australia, then 121.18 in Tokyo morning and continues to trade with a firm bias.

U.S. will release its CPI mm and yy data at 13:30GMT. Street forecasts are 0.0% n 0.4% vs previous readings of 0.2% and -1.5% respectively.
Elsewhere, the FOMC begins its 2-day meeting today and market is eagerly awaiting the rate decision on Wednesday.

Bids are now seen at 120.80/90 and more below at 120.60/70 with stops building up below there whilst initial offers are noted at 121.50/60, suggesting mild upside bias remains.
Hence, buying on intra-day dips is the favored strategy.

Data to be released on Tuesday:

Australia home price index, Swiss producer and import prices, U.K. PPI input prices, RPI, RPIX, PPI core output, CPI, PPI output prices, house price, Eurozone economic sentiment, employment, Germany, current conditions, economic sentiment, leading economic index, Canada manufacturing sales, U.S. NY empire state manufacturing index, core CPI, CPI, Redbook, housing market index, net L-T flows, overall net capital flows and foreign buying.

 

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AceTraderFx Dec 16: Intra-Day News and Views (USD/JPY) & data to be released today

Intra-day Market Moving News and Views
16 Dec 2015 01:28GMT

USD/JPY - ...... Despite initial retreat to session low at 120.58 at European open, the greenback rallied in European morning and rose to intra-day high at 121.79 in New York afternoon before easing as the release of in-line U.S.
CPI data supported the Fed's view to hike its rates. Renewed buying at 121.59 in Australia pushed the pair up to 121.90 at Tokyo open.

Traders are now gearing up for the release of Fed's rate decision at 19:00GMT and then Yellen's press conference at 19:30. It is widely expected that the central bank will raise rates by 25 bps but one should pay attention to the press conference as Yellen would outline how the bank would go about hiking rates in the future.

Bids are now seen at 121.40/50 and more below at 121.10/20 with stops building up below there whilst initial offers are noted at 122.10/20, suggesting near term upside bias remains.

Data to be released on Wednesday:

New Zealand current account, inflation expectations, Australia leading indicator, France manufacturing flash PMI, service flash PMI, Germany manufacturing flash PMI, service flash PMI, Eurozone manufacturing flash PMI, service flash PMI, trade balance, inflation, U.K. average earnings, average week earning, claimant count unemployment change, unemployment rate, Swiss investor sentiment, U.S. mortgage applications, build permits, housing starts, industrial output, capacity utilization, manufacturing PMI, Fed fund target rate and overall net capital flows

 

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AceTraderFx Dec 17: Intra-Day News and Views (USD/JPY) & data to be released today

Intra-day Market Moving News and Views
17 Dec 2015 01:36GMT

USD/JPY - ....... Despite a brief rise to 122.30 immediately after the Fed hike its rate by 25 bps, the greenback fell sharply to 121.38 as Fed Chief Yellen painted a more cautious picture about future rate hikes.
However, renewed buying there lifted the pair and dlr rallied to 122.43 near New York closing, then higher to 122.55 at Tokyo open and continues to trade with a firm bias.

U.S. will release its jobless claims read at 13:30GMT.
Street forecast is for a drop to 375K from previous figure of 382K.

Bids are now raised to 122.20/30 and more below at 122.00/10 with stops building up below there whilst initial offers are noted at 123.00/10, suggesting buying on intra-day dips is the favored strategy.

Data to be released on Thursday:

New Zealand GDP, Japan adjusted merchandise trade balance, merchandise trade balance total, exports, import, foreign investment in japan stocks, foreign bond investment, France business climate, Germany IFO current assessment, IFO expectations, IFO business climate, Italy global trade balance, trade balance EU, U.K. retail sales, retail sales ex-fuel, CBI industrial trends survey, Eurozone construction output, U.S. current account, initial jobless claims, continuing jobless claims, Philadelphia Fed manufacturing survey, CB leading indicator.

 

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AceTraderFx Dec 21: Intra-Day News and Views (USD/JPY)

Intra-day Market Moving News and Views
21 Dec 2015 1:01GMT

USD/JPY - ...... Dlr trades narrowly in early Asian morning on Monday following last Friday's intra-day sharp selloff from 123.57 (post-BOJ's rate decision's high) to as low as 121.06 in Europe.
Traders were perplexed by the intra-day 'wild' swings as market later came to the conclusion the BoJ effectively did not change its QQE programme after extending the maturity period of its bond purchases.

Despite present sideways move, Friday's 2% drop in the Dow and intra-day weakness in the Nikkie (currently down 366 points) should spur more yen-buying on risk aversion, so selling the greenback of recovery is favoured.

At present, offers are noted at 121.40/50 and more at 121.70/80 with some stops touted above 122.00. Some bids are reported at 121.10/00 with stops below there.

 

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AceTraderFx Dec 22: Intra-Day News and Views (USD/JPY) & data to be released today

Intra-day Market Moving News and Views
22 Dec 2015 01:21GMT

USD/JPY - ........ Dlr pares yesterday's intra-day decline from 121.51 (Europe) to 120.84 ahead of New York midday as the greenback weakened broadly after release of weaker-than-expected Chicago Fed activity index.
However, rebound in the Dow boosted risk sentiment and triggered yen-selling.

Despite initial retreat from Australian high of 121.27 to 121.08, renewed yen-selling emerged and pushed the pair higher, suggesting consolidation above 120.84 would be seen with upside bias. Having said that, pay attention to key U.S. Q3 GDP n PCE data later today.

For now, bids are noted at 121.10-00 with stops below 120.80, however, good buying interest is touted above Dec's low at 120.35. On the upside, offers are reported at 121.50/60 and more above with stops above 121.80.

Data to be released on Tuesday:
China leading economic index, Germany consumer confidence survey, Swiss exports, imports, trade balance, U.K. consumer confidence, public sector net borrowing, U.S. GDP, PCE, Redbook, housing price index, existing home sales and Richmond Fed manufacturing index