Forex News from InstaForex

**InstaForex Gertrude** · 23-12-13, 09:15

NZ Dollar Declines Against Australian Dollar

The New Zealand dollar slipped against the Australian dollar in Asian deals on Monday.
The kiwi fell to 1.0897 against the aussie, compared to last week's closing quote of 1.0859. Further downtrend may lead the kiwi to seek support at the 1.097 area.

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**InstaForex Gertrude** · 26-12-13, 08:43

Indian Rupee Falls To 2-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in morning deals on Thursday.
The rupee fell to a 2-day low of 61.915 against the greenback. Further weakness could help the rupee to find support at the 62.6 area.

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**InstaForex Gertrude** · 27-12-13, 05:23

Japan November Unemployment Rate 4.0%

The unemployment rate in Japan came in at a seasonally adjusted 4.0 percent in November, the Ministry of Internal Affairs and Communications said on Friday - unchanged from the previous month but missing forecasts for 3.9 percent.

The job-to-applicant ratio was 1.00, topping expectations for 0.99 and up from 0.98 in October.

The total number of employed persons in November was 63.71 million, an increase of 740,000 or 1.2 percent on year.

The total number of unemployed persons in November was 2.49 million, a decrease of 110,000.

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**InstaForex Gertrude** · 02-01-14, 10:33

Swiss Franc Trades Lower Against Majors

The Swiss franc drifted lower against its major opponents in the Asian session on Thursday.
The franc reached a 6-day low of 0.8937 against the greenback and 2-day low of 117.83 against the yen, off an early high of 0.8909 and a 2-day high of 118.24, respectively.
The franc declined to 1.4822 against the pound, its lowest level since December 4. Against the euro, the franc reached a new 4-week low of 1.2287.
The franc is likely to face support around 116.00 against the yen, 1.49 against the pound, 1.235 against the euro and 0.905 against the greenback.

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**InstaForex Gertrude** · 03-01-14, 08:33

Usd/krw to Open Around 1054.00 on Higher Ndfs

JPY/KRW reversed abv 10.0 on profit taking, last 10.0200
Resistance at 1060 to remain strong on exporters sales

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**InstaForex Gertrude** · 06-01-14, 06:54

Euro Trades At 5-week Low Against Canadian Dollar

The euro lost ground against the Canadian dollar in Asian trading on Monday.
The euro depreciated to 1.4416 per loonie, a level not seen since December 3. This is lower by 0.2 percent from Friday's closing quote of 1.4451. The euro may face support at the 1.43 zone.

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**InstaForex Gertrude** · 07-01-14, 05:19

Australian Dollar Drops To 4-day Low Against Yen

The Australian dollar declined against the Japanese yen in early Asian deals on Tuesday.
The aussie touched a 4-day low of 93.19 against the yen, down by 0.3 percent from Monday's closing value of 93.44. If the aussie extends slide, it may break support at the 92.00 zone.

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**InstaForex Gertrude** · 08-01-14, 07:36

Australian Dollar Drops To 4-day Low Against Yen

The total number of job vacancies in Australia dropped 14.9 percent on year in November, the Australian Bureau of Statistics said on Wednesday, falling to 140,000.
Compared to the previous three months, total job vacancies eased 0.3 percent after rising 3.1 percent in the three months to October.
Private sector job vacancies dipped 0.1 percent in the past three months and 15.1 percent on year, falling to 129,500. Public sector job vacancies dropped 3.6 percent in the last three months and 12.8 percent on year, falling to 10,500.

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**InstaForex Gertrude** · 09-01-14, 06:47

China Inflation +2.5% On Year In December

Consumer prices in China were up 2.5 percent on year in December, the National Bureau of Statistics said on Thursday - below forecasts for 2.7 percent and slowing from 3.0 percent in November.
Producer prices were down 1.4 percent on year - unchanged versus forecasts for -1.3 percent.
For all of 2013, consumer prices were up 2.6 percent on year and producer prices dipped 1.9 percent on year.

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**InstaForex Gertrude** · 10-01-14, 06:20

NZ Dollar Drops To 1-week Low Against Euro

Extending its overnight downtrend, the New Zealand dollar reached a weekly low of 1.6522 against the euro on Friday morning in Asia.
With the pair staying above its key simple moving average levels, the next likely support for the kiwi is seen around the 1.6565 area.

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**InstaForex Gertrude** · 13-01-14, 06:05

Yen Climbs To 4-day High Against Franc

The Japanese yen strengthened against the Swiss franc in early Asian deals on Monday.
The yen reached a 4-day high of 115.15 against the franc, compared to Friday's close of 115.30. The next possible upside target for the yen lies around the 114.00 zone.

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**InstaForex Gertrude** · 14-01-14, 05:44

Usd/krw Trades up to 1059.7 As Tokyo Goes on Usd buying Spree

US Dollar strong across the board led by latent USD demand out of Tokyo USD/JPY up to 103.43, UK name, Japan mega bank amongst aggressive buyers.

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**InstaForex Gertrude** · 15-01-14, 06:18

Pound At 2-day High Against Euro

The pound strengthened against the euro in Asia on Wednesday. The pound hit a 2-day high of 0.8305 against the euro, up from yesterday's closing quote of 0.8319. Further uptrend could help the pound to face resistance around the 0.82 zone.

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**InstaForex Gertrude** · 16-01-14, 05:58

UK House Price Balance Dips To 56% - RICS

An index monitoring house prices in the United Kingdom came in with a score of 56 percent in December, the latest survey from the Royal Institution of Chartered Surveyors revealed on Thursday.

That was shy of forecasts for 60 percent, and down from the reading of 58 percent in November - although the index remained above 50 percent for the fourth consecutive month.

Among the individual components of the survey, expectations for an increase in house prices climbed to 61 percent from 59 percent in the previous month.

Also, the sales-to-stock ratio climbed to 35.2 percent from 34.6 percent a month earlier.

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**InstaForex Gertrude** · 17-01-14, 06:31

Japan Govt. Upgrades Economic Assessment

The Japanese government on Friday revised up its assessment of the economy for the first time in four months, as recovery picked up on the back of improvement in household income and business investment.
"The Japanese economy is recovering at a moderate pace," the Cabinet Office said in its monthly report.
The report noted that the economy may continue to recover as household income and business investment increase.
It also noted that exports were in a weak tone recently. However, industrial production is increasing at a moderate pace, according to the Cabinet Office.

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**InstaForex Gertrude** · 20-01-14, 08:44

Yen Little Changed Following Japan Industrial Production Data

After the release of Japan's final industrial production data for November in Asian deals on Monday at 11:30 pm ET, the yen changed little against other major currencies.
The yen was trading at 104.05 against the greenback, 170.76 against the pound, 140.76 against the euro and 114.13 against the franc around 11:33 pm ET.

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**InstaForex Gertrude** · 21-01-14, 02:57

Hong Kong CPI On Tap For Tuesday

Hong Kong will on Tuesday release December figures for inflation, highlighting a light day for Asia-Pacific economic activity. Overall inflation is expected to ease to 4.2 percent on year from 4.3 percent in November. Japan will see December numbers for condominium sales and supermarket sales; in November, they were up 22.3 percent and 0.7 percent on year, respectively.

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**InstaForex Gertrude** · 22-01-14, 06:41

Yen Rises After BOJ Rate Decision

The Bank of Japan kept monetary policy on hold in its decision in Asian deals on Wednesday. Following the announcement, the yen edged up against other major currencies.
The yen was trading at 104.23 against the greenback, 171.82 against the pound, 114.59 against the franc and 141.51 against the euro around 10:30 pm ET.

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**InstaForex Gertrude** · 23-01-14, 04:44

U.S. Dollar Advances Against Most Majors

The U.S. dollar strengthened against most major opponents in early Asian deals on Thursday.
The greenback rose to 104.84 against the yen for the first time since January 16.
The greenback advanced to 2-day highs of 0.9135 against the franc and 1.3530 against the euro, compared to yesterday's closing quotes of 0.9114 and 1.3547, respectively.
The next possible resistance for the greenback is seen around 0.92 against the franc, 1.345 against the euro and 105.6 against the yen.

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**InstaForex Gertrude** · 27-01-14, 08:55

Malaysian Ringgit Hits 3-1/2-year Low Against U.S. Dollar

The Malaysian Ringgit drifted lower against the U.S. dollar in Asian deals on Monday. The ringgit touched 3.3465 against the greenback, a level unseen since June 2010. The ringgit may find support at the 3.36 mark. At last week's close, the pair was worth 3.3345.

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