Easy Forex Daily Forex Report 14-01-2013
January 14, 2013 7:15 pmVideo
Latest News
- Euro will return to parity April 12, 2024
- Trading Signals for ETH/USD (Ethereum) for April 12-15, 2024: buy above $3,435 (3/8 Murray – 200 EMA) April 12, 2024
- EUR/USD. Analysis for April 12th. The euro falls down under the pressure of the news background April 12, 2024
- GBP/USD. Analysis for April 12th. A significant event: the pound fell below the 25-figure April 12, 2024
- Trading Signals for EUR/USD for April 12-15, 2024: buy above 1.0620 (-2/8 Murray – rebound) April 12, 2024
- GBP/USD: trading plan for the US session on April 12th (analysis of morning deals). The pound followed the euro April 12, 2024
- EUR/USD: trading plan for the US session on April 12th (analysis of morning deals). The euro continues to fall April 12, 2024
- EUR/USD and GBP/USD: Technical analysis on April 12 April 12, 2024
- EUR/USD: Dovish signals from the ECB and rising PPI April 12, 2024
- EUR/USD. April 12th. ECB meeting: confidence in rate cut increased in June April 12, 2024
- GBP/USD. April 12th. British economy continues to stagnate April 12, 2024
- Analysis and trading tips for EUR/USD on April 12 (US session) April 12, 2024
- Analysis and trading tips for USD/JPY on April 12 (US session) April 12, 2024
- Analysis and trading tips for GBP/USD on April 12 (US session) April 12, 2024
- Weekly Forex Outlook: 12/04/2024 – More inflation data on the way as rate cut bets in disarray April 12, 2024
- Technical Analysis – GBPUSD ticks down to new 5-month low April 12, 2024
- Bitcoin holds above $70,000 as halving event looms – Crypto News April 12, 2024
- Week Ahead – More inflation data on the way as rate cut bets thrown into disarray April 12, 2024
- Bitcoin will thrive during supply crisis April 12, 2024
- Technical Analysis – EURUSD plummets after US CPI and ECB decision April 12, 2024
Bernanke gets Japanese support
This week starts with the euro (EUR) keeping its upward trend following European Central Bank (ECB) President, Mario Draghi’s, press conference on Thursday. The single currency traded just below 1.34 on Monday morning whilst expecting higher European Industrial Production to be released later this morning, it is a key indicator of the euro’s strength. A negative outcome will certainly remove any recent support.
The US dollar (USD) is expected to come under heavy trading tonight, when Fed Chairman Ben Bernanke speaks. His policy of damping bond yields was helped by heavy Japanese purchases of US Debt Instruments. Japan is expected to keep up with the same policy in the near future.
Today’s “Movers & Shakers”
Japan’s (JPY) Abe has continued its support by continuing its purchase of US Debt. This has helped the US dollar (USD) move higher into levels not seen since May 2010. The dollar looks bullish with no resistance in sight. It opened higher early in the Asian session at 89.39 and moved higher from there.
Today’s Calendar
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