RBA GOV Stevens Speaks

glenn stevens.jpg

Technical Analysis Daily Majors & Minors

• EUR/USD – pair eased over 120 pips after the release of US employment figures,

showing the economy added 257K new jobs in January, whilst wages jumped 0.5%

after December drop. The main readings for December and November were revised

higher, resulting in the biggest three-month gain in 17 years. The dollar soared across

the board, and particularly against the EUR and the JPY. As for the EUR/USD the

pair runs towards the 1.1300 level, aiming to close the week pretty much where it

started it. But how will this pair trade like in todays session?

• GBP/USD - The sterling keeps giving away previous gains vs. the greenback,

relegating GBP/USD to the 1.5215/10 area. But how will this pair trade like in todays


Quick Daily update

• The United States added 257,000 jobs last month and the number created in

November and December was revised sharply higher.

• A Labour government would push for UK overseas territories to be put on an

international blacklist if they refused to co-operate with a drive against tax avoidance,

Ed Miliband says.

• The spending limit on contactless cards is to be increased to £30 from September

2015, the UK Cards Association announces

• Accountancy firm PricewaterhouseCoopers (PwC) is accused of promoting tax

avoidance "on an industrial scale", in a report by a committee of MPs.

• In Paris and Rome, it was sugar coated; in Berlin and Frankfurt unequivocal. But the

message from European capitals to Greece's new leaders was the same at every stop

on last week's tour - stick to your commitments.

Daily News To Watch

Monday 9th February 2015 Previous Forecast Actual

0:15am AUD RBA GOV Stevens Speaks

Happy Trading,

Featured Posts