NZD/USD Fundamental Analysis Jan. 25, 2012 Forecast

January 24, 2012 4:14 PM GMT

FXEmpire

Economic Events: (GMT)

Close of  the Asian Session

00:30     AUD      CPI (QoQ)                                            0.2%                      0.6%

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.

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 00:30    AUD      Trimmed Mean CPI (QoQ)           0.6%                      0.3%

The Trimmed Mean Consumer Price Index (CPI) measures the change in the price of goods and services purchased by consumers, excluding the most volatile 30% of items. This data helps illustrate underlying inflation trends.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.

05:00    JPY        BoJ Monthly Report

The Bank of Japan's (BoJ) monthly report contains the statistical data that policymakers evaluate when setting interest rates. The report also provides detailed analysis of current and future economic conditions from the bank's perspective.

20:00     NZD       Interest Rate Decision                  2.50%                   2.50%

 20:00    NZD       RBNZ Rate Statement

The Reserve Bank of New Zealand (RBNZ) governor decides where to set the rate after consulting senior bank staff and external advisers. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

The Reserve Bank of New Zealand's rate statement is the primary tool the panel uses to communicate with investors about monetary policy. It contains the outcome of the vote on interest rates, discusses the economic outlook and offers clues on the outcome of future votes.

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