In the wake of Boxing day, the markets opened with a few gaps. Only in Japan, banks continued to work. Today, Wall Street is open, and Christmas is already over, but the volume is expected to be very low. Forex traders have little information to listen to. In fact, all the data was already published in Japan earlier today. Household Spending y/y dropped by 0.5%, not as bad as expected. Tokyo Core CPI y/y was inline with expectations: it rose 0.8. These yearly figures aren’t major. Also the Unemployment Rate, that rose to 3.9%, less than 4.0% that was expected, didn’t have much impact. The major figure of today in Japan was the Prelim Industrial Production m/m – this is a monthly figure – much more relevant. In addition, it fell quite badly – a whopping 8.1%. This was much worse than expecations, which stood at 6.8%. Although the Prelim Industrial Production was bad, forex traders didn’t shake the Japanese Yen too much. The USD/JPY is currently at 90.45, trading in a narrow range. Other than the news from Japan, the dollar weakened in the thin trading: EUR/USD is now at 1.4068, the GBP/USD is at 1.4750, the USD/CHF at 1.0764. Have a great holiday weekend! Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Daily Look share Read Next Gaza War Will Make Oil Prices Higher Yohay Elam 14 years In the wake of Boxing day, the markets opened with a few gaps. Only in Japan, banks continued to work. Today, Wall Street is open, and Christmas is already over, but the volume is expected to be very low. Forex traders have little information to listen to. In fact, all the data was already published in Japan earlier today. Household Spending y/y dropped by 0.5%, not as bad as expected. Tokyo Core CPI y/y was inline with expectations: it rose 0.8. These yearly figures aren't major. Also the Unemployment Rate, that rose to 3.9%, less than 4.0% that was… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
