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Sunday, 15 January 2012

Test 1
 Kesan terhadap mata wang AUD, GBP,CAD,EUR pada 6 january 2012


Bell FX Currency Outlook: The Aussie Dollar unwound the last two days of gains, hitting a low of 1.0232 against the greenback overnight following falls in European markets and a mixed read on Wall Street.
Australia: The question for our AUD and currency markets seems to be to what extent will divergence between the European situation and the state of the US economy reach. US data continues to confirm positive signs of improvement in the US economy leading into 2012 whilst disappointing data is still being released across the Atlantic in Europe





GBP
Concerns about Britain’s exposure to European troubles, especially since yesterday’s French bond auction failed, UniCredit shares had to stop trading, and Spain’s government is demanding a high level of bank capitalization, is a factor in a lower sterling
At 14:22 GMT GBP/USD is lower at 1.5437, down from the open at 1.5495. GBP/JPY is down to 119.0485 from the open at 119.5150. EUR/GBP is higher at 0.8259, up slightly from the open at 0.8253


CAD
The Canadian dollar fell  and extended its drop today after crude oil declined, while unemployment in Canada unexpectedly increased last month and employment growth was lower than anticipated.
The Canadian unemployment rate rose from 7.4 percent in November to 7.5 percent in December, while most specialists in the labor market expected it to stay unchanged. Canadian employers added 17,500 jobs last month, compared to the median forecast of 17,800. That’s still better than a decline by 18.600 in November.
Crude oil was little changed at $101.90 per barrel in New York today after it dropped $1.41 to $101.81 yesterday as US inventories increased and the European crisis damped demand. The performance of the Canadian currency depends on oil prices as crude is the most important export commodity of Canada. Crude oil may yet advance on tensions around Iran, boosting Canada’s dollar.
USD/CAD rose from 1.0195 to 1.0209 and CAD/JPY advanced from 75.56 to 75.66 as of 13:39 GMT today. Meanwhile, EUR/CAD retreated from 1.3038 to 1.3006.


EUR

Bank capitalization concerns are the main focus today, especially after the debacle involving UniCredit. Worries about bank capitalization, and a continuation of the sovereign debt crisis in many eurozone states, has the euro heading lower again today.
Even better news out of the United States, with the news that the December unemployment rate dropped to 8.5% can’t boost risk appetite. There’s just too much focus on the eurozone, and the debt problems in the region. With concerns about bank capitalization, the recent (unfortunate) French bond auction and more, it is tough for the euro to get any sort of a break, and the 17-nation currency is threatening to break lower, through the 1.2700 level.
Angela Merkel and Nicolas Sarkozy are scheduled to meet next week to discuss the sovereign debt crisis, and looming bank crisis, and try to come up with a way to defuse the situation. However, dozens of similar meeting have taken place over the last couple years, since Greek problems first became apparent, and nothing substantial has come of them. It is little surprise that the euro can’t seem to find any traction right now.
At 15:34 GMT EUR/USD is down to 1.2714 from the open at 1.2788. EUR/JPY is lower at 77.0970, down from the open at 77.1160. EUR/GBP is a little higher, though, at 0.8259, up from the open at 0.8253

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