Economic Events: (GMT)

Close of Asian Markets

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.

 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.

A higher than expected rate is positive/bullish for the NZD, while a lower than expected rate is negative/bearish for the NZD.

23:00     KRW      South Korean GDP (QoQ)              0.4%                     0.8%

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.

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

AUD/USD

AUD/USD Fundamental Analysis Jan. 25 , 2012 Forecast

Analysis and Recommendation:

AUD/USD was trading at 1.0502. Today several factors came into play. The CP Leading Index came in under forecast, weakening the Aussie and the USD picked up some strenght on continued profit taking on the sale of the euro.

The Greek Crisis which is the center of everyones thoughts is still not resolved and is driving gold to record levels, closing last night at 1677.00 up 12.80. which nudges the AUD.

The pair begin the day by falling and then rebounded dropping as low as 1.0484.

Trading is also low thoughout Asia as it is still the Lunar New Year.

The pair will be reactionary responding to news throughout the day. There are several economic reports due in Aussie Land. If these come in under forecast also we can expect a farther drop in the AU dollar.

Upcoming Govt Bond Sales Dates

Jan 25  10:10  Sweden  Nominal bond auction

Jan 25  10:30  Germany  Eur 3.0bn 3.25% Jul 2042 Bund

Jan 25  16:30  Italy   Details BTP/CCTeu on Jan 30

Jan 25  18:00  US  Auctions 5Y Notes

Jan 26  10:10  Italy   Auctions CTZ/BTPei

Jan 26  18:00  US  Auctions 7Y Notes

Jan 27  10:10  Italy   BOT auction

AUD/USD Pivot Points (Time Frame: 1 Day)
 

Name S3 S2 S1 Pivot R1 R2 R3

Classic
1.0287
1.0357
1.0411
1.0481
1.0535
1.0605
1.0659

Fibonacci
1.0357
1.0405
1.0434
1.0481
1.0529
1.0558
1.0605

Camarilla
1.0430
1.0441
1.0453
1.0481
1.0475
1.0487
1.0498

Woodie's
-
1.0353
1.0402
1.0477
1.0526
1.0601
-

DeMark's
-
-
1.0508
-
1.0384
-
-