Japanese Economy Watchers Sentiment 44.1; worse than the 47.6 forecast and 47.0 prior reading.
2-8 Economic Calendar
BRC Shop Prices
The BRC Shop Price Index in the UK grew in January at a 1.4% pace over the prior year, slower than the prior month which grew at 1.7%a clip year over yer.
Japan’s Trade Balance
Japan’s Trade Balance in December again came in as deficit, while the Adjusted Current Account Total grew. The Yen weakened following the release moving back toward the 77 handle.
- Trade Balance – Survey:-135B Actual:-145B Prior:-585B
- Current Acct Total – Survey:340B Actual:303B Prior:138B
- Adj. Current Acct Total – Survey:625B Actual:752B Prior:480B
usd/hkd trading in a downward wedge.
usd/hkd is trading in a downward wedge signaling that the pair is still in a downward trend.
usd/sgd continue to creep around Oct-2011 lows.
usd/sgd continue to creep around Oct-2011 lows showing that there is some buying interest around these levels.
usd/inr testing the 61.8% retracement level.
usd/inr testing the 61.8% retracement level.


