acetraderfx
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AceTraderFx Jun 26: Intra-Day Market Moving News & Views & data to be released today
Intra-Day Market Moving News and Views USD/JPY
26 Jun 2014 01:49GMT
USD/JPY - ... The greenback tumbled to 101.64 on Wednesday due to dollar's broad-based weakness after the release of weaker-than-expected U.S. GDP n durable goods data, however, short-covering lifted price briefly to 101.87 in late NY.
Offers are now tipped at 101.90-00 and more at 102.10-20.
On the downside, sizeable stops at 101.60 are in focus but some demand is located at 101.45/40 and more at 101.20-10.
Nikkei-225 index rose by 48 points to 15315, following the rise in U.S. stock markets. Prime Minister Shinzo Abe said on Wednesday that deflation has ended and will be thwarted by new government policies designed to encourage business expansion.
Last night statement from the U.S. White House said, quote:
'Obama is mindful of not putting in U.S. companies at a competitive disadvantage when mulling further sanctions against Russia over Ukraine; sanctions regime against Russia will be most effective if implemented with allies in Europe who are among Russia's strongest trading partners.'
'Obama called Italy's PM to discuss Ukraine on Wednesday.'
Data to be released on Thursday:
France business climate, U.K. BoE financial stability report, U.S. jobless claims, personal consumption, personal income, core PCE, PCE index.
Intra-Day Market Moving News and Views USD/JPY
26 Jun 2014 01:49GMT
USD/JPY - ... The greenback tumbled to 101.64 on Wednesday due to dollar's broad-based weakness after the release of weaker-than-expected U.S. GDP n durable goods data, however, short-covering lifted price briefly to 101.87 in late NY.
Offers are now tipped at 101.90-00 and more at 102.10-20.
On the downside, sizeable stops at 101.60 are in focus but some demand is located at 101.45/40 and more at 101.20-10.
Nikkei-225 index rose by 48 points to 15315, following the rise in U.S. stock markets. Prime Minister Shinzo Abe said on Wednesday that deflation has ended and will be thwarted by new government policies designed to encourage business expansion.
Last night statement from the U.S. White House said, quote:
'Obama is mindful of not putting in U.S. companies at a competitive disadvantage when mulling further sanctions against Russia over Ukraine; sanctions regime against Russia will be most effective if implemented with allies in Europe who are among Russia's strongest trading partners.'
'Obama called Italy's PM to discuss Ukraine on Wednesday.'
Data to be released on Thursday:
France business climate, U.K. BoE financial stability report, U.S. jobless claims, personal consumption, personal income, core PCE, PCE index.