US Core CPIm/m

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Technical Analysis Daily Majors & Minors

  • USD/CAD - After bottoming out in the boundaries of 1.1800 the figure, USD/CAD managed to pick up pace again and retake the 1.1900 handle and beyond. But how will this pair react in today’s session?

  • EUR/USD – EUR/USD was dragged lower by EUR/CHF that fell from 1.20 to 0.85 in a matter of minutes, with the EUR/USD pair reaching 1.1608. When the dust settled, the pair bounced back to 1.1770, but the movement was short lived, as investors decided to follow SNB lead and also get rid of their euros, sending the pair down to 1.1567. But how will this pair move in todays session?

Daily update

  • U.S. stocks fell for a fifth straight session Thursday as bank results disappointed and investors fretted over the potential impact of global economic weakness on U.S. corporate earnings.

  • Asian shares stepped back on Friday and major currencies mostly stuck to late U.S. levels as investors caught their breath, after Switzerland's unexpected move to abandon its currency cap jolted markets already roiled by plunging commodities prices.

  • The Swiss franc soars and sends markets into turmoil as Switzerland abandons the cap on the currency's value against the euro.

  • More than 100 food suppliers could be forced out of business as supermarkets cut prices in an effort to keep their customers, according to a new report.

  • The US discount retailer Target is to shut all of its 133 stores in Canada two years after launching there.

Daily News To Wates

Friday, 16th January 2015 Previous Forecast Actual

13:30pm USD CPI m/m -0.3% -0.3%

USD Core CPI m/m 0.1% 0.1%

14:55pm USD Prelim UoM 93.6 94.2

Consumer Sentitment

Happy Trading

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