Forex Market Updates & Commentary
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- Dallas Fed Manufacturing Activity Worsens to 3.2 vs 5.0 Expected and Prior of 2.3
- US New Home Sales Month over Month Stronger, Revisions Weaker
- US New Home Sales Data Due at 10AM
- UK CBI Realized Sales
- Eurozone M3 Money Supply
- 11-28 Economic Calendar
- Shirakawa says European debt crisis is the biggest threat to Japan.
- usd/cnh testing the 38.2% retracement level on the daily chart.
- ASB Bank says NZ central bank will keep cash rate unchanged until the end of 2012.
- Euro opens higher as IMF prepares a 600B EUR loan for Italy.
- ECB’s Noyer
- NBNZ Business Confidence 18.3 vs. 13.2 prior.
- usd/hkd finding some resistance at the 7.79670 area.
- usd/sgd gaps lower over the weekend
