Data/Event Risks AUD: Quarterly CPI data released on Wednesday. Inflation seen moving higher from 1.2% recorded in Q2 (to 1.6%). Data has potential to wake up AUD from steadier tone seen this week CAD: Bank of Canada interest rate decision at 13:00 GMT. No change is expected, rates held steady at 1.00% for two years now. CAD has been weakening recently. USD: Last month’s Richmond Fed was much stronger than expected and this did weaken the dollar as it spurred risk appetite. Impact likely to be reduced this time. EUR: The data today unlikely to have a major impact on the single currency. Idea of the Day You have to go back two years to find the last time USD/JPY moved up for eight consecutive sessions and March 2005 was the last time that we saw nine straight sessions of up-moves. Statistically at least there is a case for some yen weakness-reversal today, especially if you are a believer in mean reversion strategies. But the basis for a weaker yen, both technically and fundamentally, remains fairly solid so any reversal could be taken as a buying opportunity on USD/JPY by the yen bears. Latest FX News JPY: Overnight session saw USD/JPY weaken to 80, the lowest level since July 6th. Data on small business confidence fell for the 5th time in seven months. More noises from economy minister overnight on need for further monetary stimulus. USD: After the final debate ahead of the presidential election next month, there appears to be little difference between both candidates in the polls and also in terms of last night’s debate. AUD: Little overnight news. AUD more consolidative so far this week. Technically up-trend from the 1.0150 level reached 8th October remains in place for now. Inflation data the focus Wednesday. 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 USD/JPY and EUR/USD at Critical Levels FxPro - Forex Broker 10 years Data/Event Risks AUD: Quarterly CPI data released on Wednesday. Inflation seen moving higher from 1.2% recorded in Q2 (to 1.6%). Data has potential to wake up AUD from steadier tone seen this week CAD: Bank of Canada interest rate decision at 13:00 GMT. No change is expected, rates held steady at 1.00% for two years now. CAD has been weakening recently. USD: Last month's Richmond Fed was much stronger than expected and this did weaken the dollar as it spurred risk appetite. Impact likely to be reduced this time. EUR: The data today unlikely to have a major… 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.