Forex Today News, Daily Analisys, Daily signal 12.5.2013

Forex Today News, Daily Analisys, Daily signal 12.5.2013. U.S. dollar in the early hours today ( December 5 ) moved lower against other major currencies. Opening price is at 0.9039 in early trading ( 00:00 GMT ), the currency has fallen about -17 pips or about -0.19 % and the value was observed to be rolling at 0.9021.

Negative sentiment towards the U.S. Dollar seems to increase after the Institute for Supply Management (USA ) said that the performance of the manufacturing sector in the U.S. has decreased in the period November.


The development is indicated by the weakening in economic indicators ISM Non - Manufacturing PMI decreases to the value of 53.9 from 55.4 the previous period. The existence of the information that is less encouraging showed worse performance than the estimated number of economists, who estimate the rate will remain at 55.4. USDCHF pair was observed to move down to respond to these developments.

Recent data shows , the U.S. trade deficit narrowed as a result of export activity which reached a record high. As reported by Reuters on Wednesday ( 12/04/2013 ), U.S. Department of Commerce noted the trade gap fell by 5.4 % to USD40.6 billion. Where shortcomings September trade balance was revised to USD43.0 billion from USD41.8 billion in the previous report.

Increased global economy boosted demand for U.S. exports. In October, exports rose by 1.8 % to USD192.7 billion. This is the highest record of exports decline in three consecutive months.

Currently the U.S. government disburse fresh funds into the market at 80 billion U.S. dollars per month, to accelerate the U.S. economic recovery. Dana is exactly what is predicted to become the motor of growth indices remarkable Americans in recent years. Where these funds are also predicted to enter the Emerging Market.

But in the last few months the Fed ( the Fed ) announced plans to conduct a " tapering " or restrictions on the amount of the stimulus because the American economy is considered to be much more powerful. The goal is to avoid " bubble market" aka market bubble. Ahead of the weekend, investor sentiment appears to be still missing ahead of data on non - farm payrolls weekend.

Market in a confused state ahead of data on non - farm payrolls, which could potentially trigger a tapering off of the Fed. The best thing for the market in the long run is to have more growth and normalization of monetary policy. But for six to 12 months we think the market will be better if liquidity remains high ( QE3 ).