Data/Event Risks USD: Fiscal cliff discussions rank ahead of economic news in the near term. The president will meet House and Senate leaders on Friday. Both sides are sounding hopeful of a deal, but it remains to be seen if compromise can be achieved. EUR: Second-tier releases today, with Spanish and Italian CPI followed by German ZEW (see how to trade it with EUR/USD). Ecofin meeting tonight in Brussels, with Greek aid at the top of the agenda. GBP: Lots of event-risk in coming days, with RPI/PPI today, followed by jobs and wages data tomorrow and retail sales on Thursday. Should labour market and spending reports indicate that the economy is faltering then sterling will react negatively. Idea of the Day Clear disagreements exist within Europe regarding Greece, which weighed on both the euro and risk assets overnight. Not helping was news that Microsoft President Sinofsky was departing after 23 years. No need to fight the tape at present – both the dollar and the yen are creeping higher, while the euro consistently slides. Latest FX News EUR: The gradual downtrend continued overnight amidst fresh concerns on Greece. Lagarde claimed more work needed to be done on Greek debt sustainability over coming days. Key technical levels down near 1.2640. JPY: Benefitted from more risk-averse backdrop, despite confirmation of plunge in industrial production in September. Lots of discussion in Tokyo regarding additional monetary action, including the purchase of foreign bonds by the BoJ. AUD: Suffered for a time alongside weak Asian equity markets. Weak NAB business survey contributed to the sombre mood. All things considered, still looks well-supported. CNY: Reached a 19yr high yesterday, helped by decision to raise quota for RQFII by RMB 200bn. Note that spot RMB trades at the maximum 1% premium to the reference rate. Indeed, reference rate has barely changed in recent weeks. Expect PBOC to resist pressure for yuan appreciation. FxPro - Forex Broker FxPro - Forex Broker Forex Broker FxPro is an international Forex Broker. FxPro is an award-winning online broker, offering CFDs on forex, futures, indices, shares, spot metals and energies, serving clients in more than 150 countries worldwide. FxPro offers execution with no-dealing-desk intervention and maintains a client-centric business model that puts customer needs at the forefront of our operations. Our acquisition of leading spot FX aggregator, Quotix, enables us to offer access to a deep pool of liquidity, as well as top-class order-matching and some of the most competitive spreads in the market. FxPro is one of only few brokers offering Negative Balance Protection, ensuring that clients cannot lose more than their overall investment. FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration number: 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence number: 078/07) and by the South Africa Financial Services Board (authorisation number 45052). Risk Warning: Trading CFDs involves significant risk of loss. View All Post By FxPro - Forex Broker Forex News Today: Daily Trading News share Read Next GBP/USD: Trading UK Claimant Count Change November 2012 Kenny Fisher 11 years Data/Event Risks USD: Fiscal cliff discussions rank ahead of economic news in the near term. The president will meet House and Senate leaders on Friday. Both sides are sounding hopeful of a deal, but it remains to be seen if compromise can be achieved. EUR: Second-tier releases today, with Spanish and Italian CPI followed by German ZEW (see how to trade it with EUR/USD). Ecofin meeting tonight in Brussels, with Greek aid at the top of the agenda. GBP: Lots of event-risk in coming days, with RPI/PPI today, followed by jobs and wages data tomorrow and retail sales on Thursday.… 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.