Economic Events: (GMT)

There are no major economic events, reports or data expected in Asia on Thursday

13:30     USD      Initial Jobless Claims                                    388K                      367K                     

 13:30    USD      Continuing Jobless Claims                          3525K                    3437K     

Initial and Continuing Jobless claims measures the number of individuals who filed for unemployment insurance for the first time or renewed during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week.

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

NZD/USD
NZD/USD Fundamental Analysis February 9, 2012, Forecast

NZD/USD Fundamental Analysis February 9, 2012, Forecast

Analysis and Recommendation: (Close of  the Asian session )

NZD/USD is trading quietly all day and has started to climb at 0.8374 as the USD regains some strenght after investors have taken the night to digest statements on a final Greek deal, yesterday, which has not materialized. The kiwi opened at 0.8358 and it is trading at the days high.

 

Prior Economic Report Results

AUD   
Interest Rate Decision
4.25%   
4.25%   

AUD
Westpac Consumer Sentiment   
2.40%
 

USD
10-Year Note Auction
1.900%   
 

NZD
Employment Cha (QoQ) 
0.4%
0.2%

NZD
Unemployment Rate 
6.5%
6.6%

Scheduled Sovereign Bond Sales

Feb 08  10:10  Sweden  Nominal bond auction

Feb 09  10:10  Sweden  Sek 0.75bn I/L bond auction

Feb 09  15:30  Sweden  Details I/L bond auction on Mar 23

Feb 09  16:00  US  Announces auctions of 30Y TIPS on Feb 16

Feb 09  16:30  Italy   Details BTP/CCTeu auction on Feb 14

Feb 09  18:00  Italy   Auctions 30Y Bonds

Feb 10  11:00  Belgium  OLO auction

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

Name S3 S2 S1 Pivot R1 R2 R3

Classic
0.8263
0.8288
0.8337
0.8362
0.8411
0.8436
0.8485

Fibonacci
0.8288
0.8317
0.8334
0.8362
0.8391
0.8408
0.8436

Camarilla
0.8365
0.8371
0.8378
0.8362
0.8392
0.8399
0.8405

Woodie's
-
0.8294
0.8348
0.8368
0.8422
0.8442
-

DeMark's
-
-
0.8424
0.8369
0.8350
-
-