European Daily FX


-L'inflation surprised low in Australia; strong in Singapore
-BoC to remain pending, likely to move away from hawkish orientation

What to watch for today

GBP: Softer data. We expect a 1.0 K increase in number of claimant, place of - 3.0 K in November, with a slight increase in the rate of unemployment from 7.8% to 7.9%. The minutes are the last highlight of the week and we expect a counting of votes of 8-1 declared support for the retention of the stock of purchased goods to £375bn. We believe that the GBP remains vulnerable to the weak data.

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Credit Switzerland


categoriesForex analysis | January 23, 2013 |

categoriesCAD, GBP, ZAR

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