Outlook and Recommendation The EUR/JPY gained to trade at recent highs of 1.0712 after political uncertainty and future monetary policy in Japan stressed
The EUR/JPY gained to trade at recent highs of 1.0712 after political uncertainty and future monetary policy in Japan stressed traders. Traders abandoned the yen in droves as the contender Shinto Abe laid out his policy for the Japanese economy and his control over the Bank of Japan.
Highest: 107.67 |
Lowest: 105.29 |
Difference: 2.39 |
Average: 106.53 |
Change %: 0.73 |
After resolving the Greek financial problems the euro was able to climb as sentiment turned positive, even though the euro fell into a technical recession.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more recent analysis and information in our weekly reports and we provide daily updates and outlooks
Central Bank Name: European Central Bank
Date of next meeting or last meeting: December 6, 2012
Current Rate: 0.75%
Economic Highlights of the coming week that affect the AUD, JPY, NZD and USD
Date |
Time |
Currency |
Event |
Forecast |
Previous |
Dec. 03 |
00:30 |
AUD |
-2.5% |
-0.7% |
|
|
00:30 |
AUD |
0.4% |
0.5% |
|
|
15:00 |
USD |
51.3 |
51.7 |
|
Dec. 04 |
00:30 |
AUD |
-2.0% |
7.8% |
|
|
00:30 |
AUD |
-14.8B |
-11.8B |
|
|
03:30 |
AUD |
3.00% |
3.25% |
|
Dec. 05 |
00:30 |
AUD |
0.6% |
0.6% |
|
|
13:15 |
USD |
125K |
158K |
|
|
13:30 |
USD |
2.7% |
1.9% |
|
|
13:30 |
USD |
-0.9% |
-0.1% |
|
|
15:00 |
USD |
53.5 |
54.2 |
|
|
20:00 |
NZD |
2.50% |
2.50% |
|
Dec. 07 |
00:30 |
AUD |
-2.05B |
-1.46B |