Analyst: Focus On Yen Intervention?
Last Friday, the two quarter of France.
Gross domestic product
The quarterly rate is better than expected, and the annual rate is flat.
Germany Ifo September
Business confidence
The index unexpectedly rose to a 3 year high, indicating that enterprises could withstand the weakening of foreign demand caused by the global economic slowdown.
Germany's Ifo business climate index increased from 106.7 last month to 106.8, up from 106.2 in September and the highest level since June 2007.
The business status index increased from 108.2 last month to 109.7, which is expected to be 108.5, while the business expectation index fell from 103.9 last month to 103.9, lower than the expected value of 104.
Ifo said that Germany is stepping into different stages of economic growth, and some of its upward trend has slowed down. However, enterprises are still optimistic about the recent development.
Main European
Economies
The economic data is good, the euro has been supported by the debt crisis in Ireland, and the US Federal Reserve has expanded the scale of the currency to keep the US dollar under pressure.
Europe and the United States rose nearly 1.3500 near the success of the breakthrough will further rise, leading the non US.
Us durable goods orders fell more than expected in August due to a sharp reduction in orders for aircraft and automobiles.
Data show that after seasonally adjusted, the US durable goods orders month rate fell 1.3% in August to $191 billion 170 million, the biggest decline since August 2009, and expected to decline by 1%.
The US durable goods orders increased 0.7% after July, and the initial value increased by 0.4%.
In August, the US durable goods orders excluding defense dropped by 1.2%, and expected to decline by 0.4%, the biggest decline since August 2009.
In July, it was revised up by 0.7%, with an initial increase of 0.4%.
Bad data let the US dollar fall further, effectively undermining the important support near 79.50, will further test the support near 79, if the support is effective, there will be a certain rebound.
The non US currency is going all the way, concerned about the dynamics of the Bank of Japan. If the Bank of Japan does not intervene further, the yen will regain its upward trend. The US and Japan have fallen below the 50% upward line of intervention.
Further down, the intervention of the yen exchange rate has all the potential to be abandoned.
The yen has once again become the focus of foreign exchange market.
Europe and the United States support 1.3450,1.3380, 1.3310 resistance 1.3550,1.3630,1.3700
Pound us support 1.5790.1.5710, 1.5600 resistance 1.5900,1.6000
Australia and US support 0.9555, 0.9500, 0.9450 resistance 0.9670,0.9730, 0.9800
Us and Japan support 83.90, 83.30,82.80 resistance 84.80,85.30, 85.90
Operation suggestions are for reference only.
In the case of changes in economic data and other factors, exchange rate changes will not be changed and notified. Investors will control the positions well and stop profits and stop losses according to the financial position.
Europe and the United States: the callback is mostly done, and it can buy a stop loss in the vicinity of 1.3410 or less than 1.3350, with a profit target of 1.3500, 1.3580
Pound beauty: callback is mostly done, and it can buy a stop loss below 1.5690 near 1.5740 profit target 1.5860,1.5950
Australia and the United States: the callback is mostly done, and it can buy a stop loss of less than 0.9500 in the vicinity of 0.9550, and the profit target is 0.9630,0.9700
Us and Japan: rebounding for short lived, selling more than 85.30 stops in the vicinity of 84.90, making profit targets flexible and paying attention to the statement of the governor of the Central Bank of Japan
The economic data that need attention today:
07:01 UK Hometrack housing price in September before -0.3%/ months, 1.5%/ years
07:50 Japan's August business service price index before -0.4%/, -1.2%/
(07:50) Japan's trade balance before August was 804 billion 200 million yen; market impact.
(07:50) the value of Japan's merchandise exports in August is 23.5%/ years.
07:50 Japan imports value before August, 15.7%/
13:30, President of the Bank of Japan
16:00 euro zone August M3 money supply before 0.2%/
20:30 U.S. August Chicago fed national activity index 0
22:30 U.S. Dallas fed manufacturing index September -0.1
22:30 U.S. September Dallas fed business activity index -13.5
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