Daily Forex Report- 9th April 2013

I will be posting daily forex forecast that I receive from my Forex Broker, Fx Primus in this blog.

It is just to spread the news so that more people will be able to have such information if they are looking for it.

 

It won't hurt to have more information right!

Source: www.askmariosingh.com

Economic Insights

China’s inflation cooled down last month

China’s March CPI rose 2.1% YoY, easing worries on recent surging food prices, reducing pressure on credit and monetary policy tightening in the near term.

Currency Insights

CADJPY – coming support at 97.20

Aggressive purchasing suggests that the JPY weakening trend is not over yet, since current account deficits are expected to widen.

Just go click on the link for the whole story...

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