Forex pros - last week of the US dollar against the yen for the third consecutive week saw ahead rises, hit a 6-week high, before profits to trim after Federal Reserve Chairman Ben Bernanke a robust defense against the Central Bank quantitative easing program installed.
USD/JPY meet 83,77 on Thursday the pair's highest since October 5; the pair then consolidate into the 83,52 by close of trading on Friday, surging 1.25% on the week.
The couple is probably helping 82.39, the depths of November 15 and resistance at 84.38 to find high from September 27.
Speech the fed at the Conference of the European Central Bank in Frankfurt on Friday defended Bernanke's decision to buy government bonds in an effort, increasing employment and combating deflation.
The best way to support the dollar and to support the global recovery said Bernanke "by a policy which lead to a resumption of the robust growth in a context of price stability in the United States".
Elsewhere, people's Bank of China announced Friday that it increase the reserve ratio requirement for banks for the fifth time this year would cash from the financial system effective drainage to curb inflation still a string of recent actions.
Early week showed preliminary data from Japan's Cabinet Office published the economy more than expected in the third quarter grew spends in the fourth consecutive quarter.
Gross domestic product grew 0.9% in the third quarter to grow to a revised 0.4% in the previous Quartal.Das GDP grew at an annualized rate of 3.9% in the third quarter, win until a revised 1.8% in the second Quartal.Dritten quarter on the forecast for a 0.6% on quarter was increase or an annualised growth rate of 2.5%.
Next week the U.S. due to release are a range of data in a week after the Thanksgiving holiday on Thursday, including revised figures on gross domestic product for the third quarter, durable goods orders and personal income short geschnitten.Das land claims, while the Fed is his recent monetary policy meeting minutes to its weekly report on unemployed share.
Meanwhile, Japan is official data on inflation and the country's trade balance to publish while Governor of the Bank of Japan is to speak at a public commitment.
Ahead has Forex pros of next week, a list of these and other important events affecting the markets zusammengestellt.Der guide skips Monday and Friday, because it no relevant events on these days.
Tuesday, November 23
The United States are revised figures for third quarter GDP, leading indicator of economic growth to publish that is country to publish industry data on sales of existing homes, while the Federal Reserve of Richmond is Bank, is its manufacturing index to publish later in the day the fed its November monetary policy meeting minutes, publish offers an in-depth insight into economic and financial conditions in the United States
Now markets in Japan in closed meeting of the laboratory are Governor of the Bank Thanksgiving holiday to bleiben.Der of Japan, Masaaki Shirakawa is to speak in Hong Kong, his comments are to be monitored closely for all references to the future direction of monetary policy.
Wednesday, November 24.
Japan is official data on its trade balance, the difference in value between imports and exports to publish the country to share data on its corporate services price index, a leading indicator of consumer price inflation.
The United States is a whole series of data to share with the official data on first unemployment claims, Umsatz.Das country is a leading indicator of economic health and Government data on personal expenses, durable goods orders and new home inventories to publish also revised data on consumer sentiment and inflation expectations, and reports on crude oil and natural gas.
Thursday, November 25
Markets in the United States remain the Thanksgiving in closed compliance.
Meanwhile Japan is until the week with key data on consumer price inflation for round both Japan and the Tokyo area.
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