08.12.16

Dic 08

FUNDAMENTAL ANALYSIS BY NSFX 08.12.2016

  • BY: Donal Kelly
  • Dicembre, 08th, 2016 8:25 +00:00

Good morning,

Australian Trade Balance figures released for October missed expectations. AUDUSD trading at 0.7495 at time of writing. Japanese Gross Domestic Product figures were out below forecasts, growing just 1.3% year on year until the third quarter. USDJPY trading at 113362 at time of writing. The Eco Watchers Survey figures were also released in Japan this session. A number of European markets will remain closed today for the Feast of the Immaculate Conception. The European Central Bank will announce their Interest Rate decision this session.

AUDUSDecnDaily 08.12.16USDJPYecnDaily 08.12.16

Canadian Housing Starts for November, Building Permits and the New Housing Price Index data for October will all be announced this session. Jobless Claims data will be released in the US this session. USDCAD trading at 1.3213 at time of writing. A quiet end to the week taking place on the scheduled data releases, and the EURUSD pair has climbed to 1.0798 at time of writing.

USDCADecnDaily 08.12.16EURUSDecnDaily 08.12.16

I hope you all have a nice day.