Mar 16


  • BY: Nati
  • March, 16th, 2016 9:21 +00:00

Good morning,

New Zealand published Current Account figures and Australia's Financial Stability Review and the Westpac Leading Index for February were also out. AUDNZD trading at 1.1285 Following the Bank of Japan Press Conference where Governor Kuroda adopted a wait and see policy regards Interest Rates. USDJPY trading at 113.69 at time of writing. Trade Balance figures along with foreign investment figures the next data of note coming from Japan.

AUDNZDecnDaily 16.03.16USDJPYecnDaily 16.03.16

In Europe this session we will have the ECB Non-monetary policy meeting first thing this morning, then Norwegian Trade Balances for February. UK Employment Data this session could have a bearing on the Sterling. CABLE trading at 1.4103 EURGBP trading at 0.7847 Euro Zone Consumer Price Index and the Bank of England Interest Rate decision will both be announced during tomorrow's session, and the EURGBP pair in particular could experience some wide swings throughout the day depending on the outcomes.

GBPUSDecnDaily 16.03.16EURGBPecnDaily 16.03.16

Across the Atlantic today we will have a look at Building Permits and Housing Starts along with Consumer Price Induces for February. USDCAD trading at 1.3357 Canadian Manufacturing figures and foreign investment numbers for January are all out before the FED Interest Rate Decision. Rates are expected to remain unchanged at 0.5% and Janet Yellen will host a press confrence 30 minutes after the data release. EURUSD trading at 1.1089

EURUSDecnDaily 16.03.16USDCADecnDaily 16.03.16

I hope you all have a nice day.