Forex Today News EUR GBP USD JPY GOLD Friday 12.6.2013

Forex Today News. Today is Friday 12.6.2013, will be a very volatile session in almost all forex currency pairs, especially all favorite pairs. Such as EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCAD, USDCHF, XAUUSD and etc.

There some Forex economic news which has very high influence to drive the forex market value.

CH Foreign Currency Reserves (SNB)

UK HPI - Halifax (M/M)

CH CPI (M/M)

CH CPI (Y/Y)


CA Employment Change

CA Unemployment Rate

CA Labor Productivity (Q/Q)

US Change in NonFarm Payrolls

US Unemployment Rate SA

US Univ of Michigan Sentiment

JP BOJ Governor Kuroda Speaks (tomorrow)


EUR / USD hit 1.3544 during late Asian trade, the session low, the pair subsequently consolidated at 1.3658, 0.06 % reducing. The pair was likely to find support at 1.3580, 30 November low and resistance at 1.3738, the high of October 31.

Mario Draghi said that the bank's policy stance is to remain accommodative as long as necessary and that the benchmark interest rate would remain at current levels or lower for a period of time.

He added that the bank holds 2,013 -0.4 % growth expectations and raised its forecast for 2014 to 1.1 % expansion of the 1 %. Meanwhile, investors were eyeing the release of the highly anticipated U.S. report on nonfarm payrolls and the unemployment rate at a later date after strong U.S. data on Thursday added to expectations the Federal Reserve will soon begin to taper the stimulus program.

The U.S. Commerce Department said gross domestic product increased at an annual rate of seasonally adjusted 3.6 % in the three months to September, above expectations for growth of 3.0% and up from an initial estimate of 2.8 %.

The U.S. Labor Department said the number of people filing for initial jobless benefits last week fell 23,000 to a seasonally adjusted 298,000, from 321,000 the previous week's upwardly revised figure of 316,000. The euro was little changed against the pound, with EUR / GBP inching up 0.01 % to 0.8367.

The most important economic reports this week is the U.S. Department of Labor on Friday's employment report for November, the key non-farm payrolls / NFP report figures that appear to come up about 185,000 jobs Given the strong ADP report Wednesday, in which the number of work rose 215,000, many observers market expects the Labor Department's employment report is stronger on Friday. Thus, a shock to the Friday market will be the job ignifikan weaker than expected reading.