{"id":17889,"date":"2011-01-10T08:30:49","date_gmt":"2011-01-10T13:30:49","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=17889"},"modified":"2011-01-10T08:30:49","modified_gmt":"2011-01-10T13:30:49","slug":"major-events-in-the-current-week-to-affect-usdjpy","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/01\/10\/major-events-in-the-current-week-to-affect-usdjpy\/","title":{"rendered":"Major Events in the current week to affect USD\/JPY"},"content":{"rendered":"<p>The greenback remained strong versus the Japanese Yen in the last  week on better than expected US jobs data. The pair USD\/JPY surged 2.29  percent in the last week to 83.68 on Friday. The pair is expected to  experience support around 81.87 and likely to find resistance around  83.68.<\/p>\n<p>The US dollar remained investor\u2019s favorite as the US unemployment  rate dropped to four basis points to 9.4 percent from 9.8 percent.<\/p>\n<p>The next weeks major events that could affect USD\/JPY trading are as below:-<\/p>\n<p>As on Monday January 10<sup>th<\/sup>, 2010 markets in Japan will be  closed due to Coming-of-Age-Day. However the Bank of Japan will release a  comprehensive report on country\u2019s lending and current account on  January 11<sup>th<\/sup>, 2010. On Tuesday index of Japan\u2019s leading  economic indicators will also be published. In United States report on  wholesale inventories will be published on Tuesday January 11<sup>th<\/sup>, 2010.<\/p>\n<p>Japan will report the data on its key indicator of production output also known as core machinery orders on January 12<sup>th<\/sup>,  2010 whereas US Federal Reserve will publish its Beige Book and reports  on crude oil inventories, import prices and federal budget balance.<\/p>\n<p>On January 13<sup>th<\/sup>, 2010 Japan will release its data on  machine tool orders where as US will announce its key report on weekly  jobless claims and producer price inflation.<\/p>\n<p>On Friday January 14<sup>th<\/sup>, 2010 the weekly round-up report on  US consumer price inflation, USD industrial production and US consumer  spending will be published.<\/p>\n<p><strong>About the Author<\/strong><\/p>\n<p><strong>Daily <a href=\"http:\/\/www.dailyforextrade.com\/\" target=\"_blank\">forex trading news<\/a> written by Rehan from DailyForexTrade.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The greenback remained strong versus the Japanese Yen in the last week on better than expected US jobs data. The pair USD\/JPY surged 2.29 percent in the last week to 83.68 on Friday. The pair is expected to experience support around 81.87 and likely to find resistance around 83.68. The US dollar remained investor\u2019s favorite &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/01\/10\/major-events-in-the-current-week-to-affect-usdjpy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Major Events in the current week to affect USD\/JPY&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-17889","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=17889"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17889\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=17889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=17889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=17889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}