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AUD falls sharply to decline new House Aprrovals, EUR strengthened against the USD

The Australian dollar has suffered sharp losses in early trading. These were caused by the published figures for new House Approvals in Australia. These have far undercut the forecasts. The forecasts were still of an increase in new permits by 2.3% following a decline of 4.3% in the last calculation period, the latest figures showed a decline of 6.9%. As a result the AUD was strong in all of its currency pairs to, in part be noticeably higher than 1%. The pair AUD / USD is currently showing a loss of 1.28% at a price of 0.9089. The EUR was up against the AUD by 1.47% and the rate is currently at 1.4621.

The EUR was up against the U.S. dollar today. The reasons for this are probably mainly in the figures of the german economy. The german GfK Consumer Climate and the german CPI rose more than expected. The pair EUR / USD with gained 0.16% on actual rate of 1.3284
For the USD, the market is still dominated by a wait-and-see attitude of investors, before the FOMC meeting begins today.

USD rises to the beginning of the week, JPY continue upwards

Beginning of the week was the USD, after several days of losses in the previous week, up slightly again. In particular, across from EUR, GBP, NZD and AUD it was able to record profits. The greatest loss had the kiwi with currently -0.68% and an exchange rate of 0.8028. The GBP against the USD has a loss of 0.24% at a current rate of 1.5349. The profits of USD are including on better-than-expected numbers, which were released today to the U.S. economy, as the figures for private home sales, which have exceeded forecasts. Further impetus for the USD may be set by starting tomorrow, two-day meeting of the FOMC.

The JPY rose today for the third day in a row against the dollar and recorded a current gain of 0.38% at a price of 97.94. Against the other major currencies, the JPY has seen a gain, too. Investors reacted positively to the statement of the BoJ-Chairman Kuroda, who said the Japanese economy could cope raising the sales tax.

Preview of important economic events from 29-July-2013 to 02-August-2013

Here we show you a preview of the most important economic events in the next week, which can have a major influence at the Forex-Market.

Special attention will probably be this week at the ECB and the BOE, which announce their interest rate decision on Thursday and the Data to the labor market in the USA. Aditional to the data, which are mentioned below in the table, coming into this week a variety of data, which are usually individually don't have a large influence on the movement of the market, but when they are published in a timely manner to each other, in the sum could have greater impact. You'll find all this events in the economic calendar.

Date/Time (GMT -5)	Event	Currency	Previous	Forecast
30 July 2013 10:00h	USA CB Consumer Confidence	USD	81.4	81.3
31 July 2013 08:15h	USA ADP Nonfarm Employment Change	USD	188K	180K
31 July 2013 08:30h	USA Employment Cost Index (QoQ)	USD	0.3%	0.4%
31 July 2013 08:30h	USA Gross Domestic Product (QoQ)	USD	1.8%	1.0%
31 July 2013 08:30h	Canada Gross Domestic Product (MoM)	CAD	0.1%	0.2%
31 July 2013 14:00h	USA FOMC Statement	USD	---	---
31 July 2013 21:00h	Chinese Manufacturing PMI	CNY	50.1	49.8
31 July 2013 21:00h	Chinese HSBC Manufacturing PMI	CNY	47.7	47.7
01 August 2013 07:00h	UK - BoE Interest Rate Decision	GBP	0.50%	0.50%
01 August 2013 07:45h	ECB Interest Rate Decision	EUR	0.50%	0.50%
01 August 2013 08:30h	ECB Press Conference	EUR	---	---
01 August 2013 08:30h	USA Initial Jobless Claims	USD	343K	345K
01 August 2013 10:00h	USA ISM Manufacturing Index	USD	50.9	52.0
02 August 2013 08:30h	USA Nonfarm Payrolls	USD	195K	185K
02 August 2013 08:30h	USA Unemployment Rate	USA	7.6%	7.5%

JPY on the upswing, USD insecure before Fed meeting next week

The Japanese Yen's upward trend continues the second day in a row. Following the publication of figures on the Consumer Price Index, which showed the highest increase since 2008, investor confidence rises to the effect that the BOJ will take no further action to stimulate the economy. Against the U.S. dollar, the yen currently posting a rise of 0.72%, and the pair USD/JPY is currently trading at 0.9858. Against the EUR it is up currently 0.75% and the EUR/JPY is at 1.3084.

The USD is carefully considered of investors, before the Fed-Meeting on interest rate decision on Thursday next week. This is probably attributable to some speculation to the contrary. They suggest, first, that the Fed could their purchases of bonds from the current 85 billion dollars a month in September to 65 billion U.S. dollars drive back. Manifestations of Fed Chairman Ben S. Bernanke, the U.S. economy needs to return only in safe waters and the unemployment rate should drop to at least 6.5%, suggest continuing the purchases at current levels.

Risk Warning / Disclaimer

The opinions of the author to market behavior do not constitute a solicitation to buy any financial products, but are merely a personal opinion. When you go into the trade in leveraged financial products, you must be aware that a loss up to the amount of your deposit and in addition, can also be an obligation to arise. Make yourself familiar with the active trade or get independent advice before you invest your own money and use only invest money that you can get over the worst case.

JPY first time up this week, USD remains weak.

The JPY today was up for the first time in this week's trading. Analysts attribute this to the fact that the risk appetite of investors, that the yen continues to lose against the U.S. dollar, has subsided significantly. The yen was up against all of the most traded currencies and against the USD experienced a recent increase of 0.65% and is currently at 0.9962. To EUR is the plus 0.39% and a current price of 1.3231. Whether the JPY maintain its profits wieter kan will depend in part on how the data turn out to Tokyo CPI and Tokyo Core CPI, to be released at 01:30 CEST.

The USD today remains weak. Although short-term benefit of the recognized data to the orders of durable goods, but this was reversed by, among other things, the data on Initial Jobless Claims again. The pair EUR / USD is currently at 1.3230, an increase of 0.23% and the AUD / USD is at 0.9206 an increase of 0.40%.

Since little meaningful economic data will be released on Friday, it could be that the market will move sideways in large parts before next week comes back into motion.