[U][B]Fundamental Headlines[/B][/U]
• [B]AUDUSD [/B]– The Australian labor market took on an additional 20.1K workers in December, helping to push the unemployment rate down to 4.3 percent. Tight employment conditions may raise inflation concerns for the RBA, which is expected to raise rates in February. For more resources dedicated to this currency please, visit the new Australian Dollar Currency Room.
• [B]USDCHF [/B]– Swiss investor confidence fell in January, as the ZEW survey of sentiment in the next six months fell to -32.7. This is the third consecutive month that the index has fallen, as fears of a global economic slowdown this year continue to mount. Indeed, even the Swiss economy is forecasted to slow despite resilient export growth, as labor market conditions deteriorate very slightly and consumers cool their spending habits. Visit our recently updatedSwiss Franc Currency Room for specific resources geared towards the Swissie.
• [B]EURUSD [/B]– The Euro-zone’s trade surplus narrowed in November to 2.6B euros amidst a slowdown in both export and import growth. Given the massive appreciation of the Euro relative to the US Dollar, demand for European goods has long been expected to take a hit and has been a key concern for major exporters like Germany and France. What do you think will happen to the EUR/USD? Join the discussion and voice your opinion on the DailyFX Forum.
• [I]Bernanke Testifies Today, Likely to Support Stimulus Effort /I – The Wall Street Journal
• [I]Las Vegas Default Highlights Commercial-Property Crunch /I – The Wall Street Journal
• [I]UK PM Brown Fears Northern Rock ‘Fire Sale’ /I – Financial Times
• [I]Quebecor Drops on Missed Bond Payment, Bank Deadline /I](Bloomberg - Are you a robot?)– Bloomberg
• [I]Company Bond Risk Rises to Record in Japan, Default Swaps Show[/I] (link) – Bloomberg
• [I]China Food Inflation Fears To Spur More Price Controls[/I] (link) – The Wall Street Journal
