PS: A pedido de meus amigos de Londres começarei a postar tambem em Ingles a partir de hoje
Euro x Dólar (FX:EURUSD)
Gráfico Intraday de Câmbio
The euro was the clear outperformer among major currencies on Tuesday after the Group of Seven nations said in a statement that it remained committed to market-determined exchange rate.
"We reaffirm that our fiscal and monetary policies have been and will remain oriented towards meeting our respective domestic objectives using domestic instruments, and that we will not target exchange rates," the group, representing advanced economies, said in a statement released in London.
"We are agreed that excessive volatility and disorderly movements in exchange rates can have adverse implications for economic and financial stability."
Eurozone finance ministers on Monday maintained that Cyprus need to take strong measures to tackle money-laundering before receiving a bailout from its Eurozone partners. However, no rescue deal is likely to be in place before the presidential elections due this month.
Meanwhile, Spain sold EUR 5.6 billion euros of 6 and 12-month Treasury bills against a maximum target of EUR 5.5 billion lifted the common currencies appeal against the rest of majors. Yields, however, were higher as recent corruption scandal in Spanish politics weighed down on the sentiment.
Traders' attention will focus to the European Central Bank President Mario Draghi's address to Spanish lawmakers later today. He is also expected to meet Prime Minister Mariano Rajoy.
The fx market was little affected by news that North Korea has conducted a nuclear test. NATO condemned the move, saying that such irresponsible actions pose a grave threat to the world peace.
The yen remained weaker after Asian Development Bank president Haruhiko Kuroda, a potential candidate to head the Bank of Japan, said he favors additional monetary easing to lift Japan out of deflation.
Confidence among Japanese consumers increased for the first time in five months in January, data published by the Cabinet Office showed today. The seasonally adjusted consumer confidence index rose to 43.3 in January from 39.2 in December and 39.4 in November.
U.K. consumer price inflation continued to remain unchanged above the central bank target in January, staying at 2.7 percent. The rate continues to hover above the central bank's 2 percent target. On a monthly basis, consumer prices dropped 0.5 percent in January, offsetting December's 0.5 percent rise.
The European shared currency touched a 5-day high of 1.3467 against the US dollar around 6:15 am ET Tuesday, up by more than 0.4 percent from Tuesday's closing value of 1.3407. The euro-dollar pair is poised to extend its uptrend in the near-term, with 1.3490/1.35 seen as the next likely resistance zone, its 50.0 percent retracement target.
The euro also touched a 5-day high of 0.8633 against the pound around 6:10 am ET. Last week's downtrend below 0.8450 seems the pair showed a correction from a rally above 0.87 that hit earlier this month. Next likely barrier for the euro-pound pair is seen at 0.8665/0.87.
The single currency rallied to reach a tad below the 127.0 mark against the yen after a gap of 5-days, rising as high as 126.97 around 6:10 am ET. Extension of bull-run could help the euro-yen pair revisit the 127.70/80 resistance area.
Erasing most of its Asian session losses, the euro climbed to a 6-day high of 1.2358 against the Swiss franc around 6:00 am ET. The euro-franc pair has been consolidating for the past 1-week and the eventuality of breaking the support could help the pair break the 1.2260 level. If the pair resumes uptrend, 1.24 is seen as the next likely resistance level.
The franc drifted weaker after the Swiss National Bank President Thomas Jordan said that the SNB is willing to take further measures in currency markets. However, the pair erased those gains as he commented that he doesn't see the need for further intervention.
Looking ahead, the U.S. Treasury is set to release its monthly budgetary report at 2:00 pm ET. Economists expect the budgetary balance to show a deficit of $2 billion in January compared to a deficit of $0.3 billion in December.
