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Re: Forex News from InstaForex

PostPosted: Tue Mar 26, 2013 12:30 am
by IFX Matthias
Yen Slightly Down Amid BOJ Governor Kuroda's Speech

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In early Asian deals on Tuesday, the Japanese yen declined slightly following the speech of Bank of Japan governor Haruhiko Kuroda in the Parliament.

Kuroda told that he will consider the extension of bond maturities and the possibility of more purchases in the asset purchase program.

He added that BoJ's 2% inflation goal can be attained as other central banks have reached the target in 2 years.

The yen is now trading at 94.33 against the greenback, 121.31 against the euro, 143.12 against the pound and 99.41 against the franc.

Around 9:20 pm ET, the yen slipped to 98.82 against the aussie, 78.85 against the kiwi and 92.45 against the loonie.

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Re: Forex News from InstaForex

PostPosted: Tue Mar 26, 2013 11:20 pm
by IFX Matthias
New Zealand Business Confidence Survey Due On Wednesday

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New Zealand will on Wednesday see the March results of the business confidence and activity outlook surveys from ANZ Bank, highlighting a very light day for Asia-Pacific economic activity.

In February, the business confidence survey saw a score of 39.4, while the activity outlook came in at 37.6.

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Re: Forex News from InstaForex

PostPosted: Sun Mar 31, 2013 11:41 pm
by IFX Matthias
Australian Dollar Declines Amid China Manufacturing PMI

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The Australian dollar fell against other major currencies in the early Asian session on Monday after the release of weaker-than-expected China manufacturing PMI for March.

Data from China Federation of Logistics & Purchasing said that China's manufacturing sector expanded at a slower pace than expected in March.

The PMI came in at 50.9 percent, compared to expectations of 51.2. The PMI reading for prior month was 50.1.

The aussie fell to 1.0388 against the greenback, its lowest since March 21. The aussie may seek support around 1.03 level.

The aussie slipped to a 2-week low of 97.69 against the yen, off its early 4-day high of 98.28. If the aussie extends decline, it may break 97.00 level.

After touching a 4-day high of 1.0613 against the loonie in early deals, the aussie reversed direction and reached a 4-day low of 1.0575.

The aussie that declined to session's low of 1.2432 against the NZ dollar earlier rebounded but failed to hold gains.

The pair is worth 1.2441. The aussie dropped to 1.2317 against the euro around 9:10 pm ET. On the downside, 1.24 is seen as the next target level for the aussie.

The U.S. construction spending for February and ISM manufacturing index for March are due in the New York session.

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Re: Forex News from InstaForex

PostPosted: Mon Apr 01, 2013 10:10 pm
by IFX Matthias
NZ Dollar Climbs To 6-day High Against U.S. Dollar

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The New Zealand dollar advanced against the American currency in early Asian deals on Tuesday.

The kiwi that closed Monday's trading at 0.8372 against the greenback reached a 6-day high of 0.8390. The next upside target level for the kiwi-greenback pair is seen at 0.842.

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Re: Forex News from InstaForex

PostPosted: Wed Apr 03, 2013 12:13 am
by IFX Matthias
Australian Dollar At 6-day High Against Euro

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The Australian dollar gained ground against the euro during early Asian deals on Wednesday.

The aussie climbed to a 6-day high of 1.2239 against the euro, staying closer to multi-month high of 1.2226 hit last week.

If the aussie rises further, it may break 1.22 level. The pair ended Tuesday's trading at 1.2273.

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Re: Forex News from InstaForex

PostPosted: Wed Apr 03, 2013 9:48 pm
by IFX Matthias
Australia Building Approvals Rise 3.1% In February

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The total number of building permits issued in Australia was up a seasonally adjusted 3.1 percent on month in February, the Australian Bureau of Statistics said on Thursday, standing at 13,371.

That beat forecasts for an increase of 2.5 percent following the upwardly revised 2.0 percent contraction in January (originally -2.4 percent).

On a yearly basis, building permits were up 12.8 percent - shy of expectations for a gain of 14.3 percent after collecting an upwardly revised 10.0 percent in the previous month (originally 9.9 percent).

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Re: Forex News from InstaForex

PostPosted: Thu Apr 04, 2013 11:31 pm
by IFX Matthias
Malaysia Trade Data On Tap For Friday

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Malaysia is on Friday scheduled to release February figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.

In January, imports were worth 53.72 billion ringgit, while exports came in at 56.99 billion ringgit for a trade surplus of 3.27 billion ringgit.

The Philippines will provide February figures for producer prices and March data for consumer prices.

In January, PPI was down 1.6 percent on month and 7.6 percent on year. In February, CPI was up 0.3 percent on month and 3.4 percent on year.

Japan will see the preliminary February figures for its leading and coincident index. The leading index is expected to show a score of 97.3, up from 95.0 in January.

The coincident is called at 91.9, up from 91.6 in the previous month. Finally, markets in Taiwan and China remain closed on Friday in observance of Tomb-Sweeping Day; they will re-open on Monday.

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Re: Forex News from InstaForex

PostPosted: Tue Apr 09, 2013 11:47 pm
by IFX Matthias
Japan Bank Lending Rises 1.9% In March

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Overall bank lending in Japan was up 1.9 percent on year in March, the Bank of Japan said on Wednesday, standing at 404.786 trillion yen.

That matched forecasts following the revised 1.8 percent increase in February - which was originally called higher by 1.9 percent. Including trusts, bank lending added 1.6 percent - also in line with expectations following the 1.5 percent gain in the previous month.

Loans from foreign banks declined an annual 7.6 percent to 2.030 trillion yen after falling 6.7 percent a month earlier.

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Re: Forex News from InstaForex

PostPosted: Mon Apr 15, 2013 11:27 pm
by IFX Matthias
RBA Minutes On Tap For Tuesday

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The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on April 2, highlighting a light day for Asia-Pacific economic activity.

At the meeting, the RBA kept rates on hold at 3.00 percent.

Also, Australia will see March figures for new motor vehicle sales; in February, sales were flat on month and up 9.4 percent on year.

Japan will see March figures for condominium sales; in February, sales were down an annual 10.9 percent.

Finally, the Stock Exchange of Thailand remains closed on Tuesday for the Songkran Festival; it will re-open on Wednesday.

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Re: Forex News from InstaForex

PostPosted: Wed Apr 17, 2013 12:48 am
by IFX Matthias
Yen Declines Against Majors

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The Japanese yen slipped against its major counterparts in early Asian deals on Wednesday.

The yen dropped to a 2-day low of 98.20 against the greenback, 5-day lows of 150.85 against the pound, 129.45 against the euro and 106.46 versus the franc.

The Japanese currency reached as low as 101.83 against the aussie, 83.30 against the kiwi and 96.05 against the loonie.

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