USD/JPY Y102.00, Y103.20, Y103.40-45, Y104.00, Y104.40, Y104.50, Y104.75

EUR/USD $1.3575, $1.3580, $1.3595, $1.3600, $1.3605, $1.3630, $1.3675, $1.3800

GBP/USD $1.6575

EUR/GBP stg0.8225, Stg0.8275

EUR/CHF Chf1.2285

AUD/USD $0.8650, $0.8775-85, $0.8800, $0.8840

AUD/USD Y91.00

NZD/USD $0.8125

USD/CAD C$1.1100

Data

02:00 New Zealand Spending on credit cards, y / y +3.5% in December -1.2%

09:00 Switzerland World Economic Forum Annual

09:30 UK approved applications for mortgage loans as BBA, thousand 45.0 47.2 December 46.5

12:05 UK BOE Mark Carney Speech

Euro fell to its maximum value against the dollar, while returning to the levels of the session. Experts note that the euro is supported on improved economic performance of the eurozone. Recall that yesterday the euro strengthened against the dollar on evidence that the eurozone economy continues to grow, which may slightly reduce the likelihood that in the near future the ECB will extend the incentive program . Meanwhile , moderate inflation is still a problem. Improving PMI in January report indicates that eurozone GDP growth can accelerate from 0.3 % to 0.4 % in the 1st quarter of this year .

But , despite such positive, the euro is not able to maintain its position , and fell sharply , which was due to technical factors , namely an order to sell at the maximum , as well as the comments of the EU representative Rena . EU representative Rehn noted that it is important that the ECB continued expansionary policy to achieve the inflation target . Meanwhile, he added that low inflation does not change the balance in the euro-zone economy . In his opinion, banks should start the process of recapitalization to pass the stress test . He also said that the negotiations on the debt and the program of aid to Greece are planned for summer

Pound fell sharply against the U.S. dollar , which was mainly due to the application of the Bank of England, Mark Carney , who said that the Committee on monetary policy to publish a new benchmark in February. Politicians consider a number of options to change the landmark he said at the World Economic Forum in Davos , Switzerland. Recall that in August, the Bank of England has pledged to keep interest rates at the current level - 0.50 per cent up until unemployment falls to 7 percent. Recent data showed that the unemployment rate fell to 7.1 percent in the three months to November.

"The Bank will assess the prevailing economic conditions , including a broader slowdown and inflationary pressures , before making a decision , which will correspond to the position for monetary policy ," said Carney . He assured that the interest rate is likely to remain well below historical values ​​in the medium term . Many of the " headwinds " restraining the economy , will be celebrated for some time.

"The amount of incentives will also remain unchanged for some time ," said the head of the central bank. " This should help reassure UK business , and indicate that the rise in interest rates will correspond to a sustained recovery ."

The yen rose against the dollar significantly , while still showing better results than yesterday. Note that risk aversion increases the interest in selling the yen. Meanwhile, add the yen rising on expectations that the Federal Reserve will continue to minimize the quantitative easing program at the January meeting . More and more people are inclined to believe that the Fed will simply continue to reduce QE. In general, the economic recovery is strong enough , despite the recent negative statistical data from the United States. According to the median forecast of economists at the next meeting of the FOMC, which will be held January 28-29 , CB again reduce monthly asset purchases by 10 billion dollars Yesterday's employment statistics showed that the number of applications for unemployment benefits rose slightly last week, although the overall level indicates a marked improvement in the labor market .

EUR / USD: during the European session, the pair rose to $ 1.3739 , but then fell to $ 1.3688

GBP / USD: during the European session, the pair fell to $ 1.6493

USD / JPY: during the European session, the pair fell to Y102.00, then recovered slightly

At 13:30 GMT , Canada will release the consumer price index and the core consumer price index from the Bank of Canada in December. At 14:00 GMT Belgium introduce index business sentiment for January.

EUR/USD

Offers $1.3800-20, $1.3770/80, $1.3740/50, $1.3710, $1.3705

Bids $1.3650, $1.3625/20, $1.3600, $1.3586, $1.3530

GBP/USD

Offers $1.6745/50, $1.6690/700, $1.6680, $1.6667, $1.6636

Bids $1.6605/00, $1.6570-50, $1.6525/20, $1.6505/495, $1.6452

AUD/USD

Offers $0.8850, $0.8820, $0.8800, $0.8750, $0.8700/20

Bids $0.8650, $0.8620, $0.8600, $0.8550, $0.8520

EUR/GBP

Offers stg0.8320, stg0.8300, stg0.8280/85, stg0.8250/60, stg0.8247

Bids stg0.8168, stg0.8165/60, stg0.8150, stg0.8120

EUR/JPY

Offers Y142.20, Y141.95/00, Y141.83/86, Y141.45/50, Y141.20, Y140.80/00

Bids Y140.26, Y140.00, Y139.80, Y139.50, Y139.20

USD/JPY

Offers Y104.00, Y103.85/90, Y103.55/60, Y103.35/40, Y102.95/00

Bids Y102.50, Y102.20, Y102.16, Y102.00, Y101.50

USD/JPY Y102.00, Y103.20, Y103.40-45, Y104.00, Y104.40, Y104.50, Y104.75

EUR/USD $1.3575, $1.3580, $1.3595, $1.3600, $1.3605, $1.3630, $1.3675, $1.3800

GBP/USD $1.6575

EUR/GBP stg0.8225, Stg0.8275

EUR/CHF Chf1.2285

AUD/USD $0.8650, $0.8775-85, $0.8800, $0.8840

AUD/USD Y91.00

NZD/USD $0.8125

USD/CAD C$1.1100

02:00 New Zealand Credit Card Spending December +3.5% -1.2%

The dollar pared its biggest weekly drop versus the yen since October amid speculation the Federal Reserve will decide to reduce stimulus at a meeting next week even after data showed signs that economic growth is slowing. The Federal Open Market Committee will reduce monthly asset purchases by $10 billion at each meeting to end the program this year, according to the median forecasts of economists in a Bloomberg survey. It next meets on Jan. 28-29.

The greenback rebounded from its steepest slide since August against the yen as a technical indicator signaled it might have fallen too far. Japan’s currency rose against most major peers yesterday after investors sought the safety of the nation’s assets amid a rout in emerging markets.

A report yesterday showed the number of Americans continuing to receive jobless benefits unexpectedly rose, after data earlier this month showed the U.S. added fewer jobs than analysts forecast. The number of Americans continuing to receive jobless benefits rose to 3.06 million in the period ended Jan. 11, the most since July, the Department of Labor said yesterday. Economists surveyed by Bloomberg News predicted a decline to 2.9 million. The economy added 74,000 jobs in December, according to Labor Department data on Jan. 10, versus a gain of 197,000 projected in a Bloomberg poll.

EUR / USD: during the Asian session, the pair traded in the range of $ 1.3680-00

GBP / USD: during the Asian session, the pair traded in the range of $ 1.6520-40

USD / JPY: on Asian session the pair traded in the range of Y103.05-55

There is a full calendar Friday, although there is only limited releases in the US. However, the WEF continues in Davos and there will likely be a slew of comments from the greaT and good throughout the day. The European calendar gets underway at 0800GMT, when the Spanish December PPI data will cross the wires. That wull be followed by the release of the Dutch November consumer spending data at 0830GMT. Italian retail sales data will cross the wires at 0900GMT, with analysts looking for the on month data to come in flat. At 1100GMT, the ECB will announce the details of the latest repayments against the 1st and 2nd LTROs. Back in Europe, at 1400GMT, the Belgian January BNB business survey will be released. Economists are looking for an improvement to -5.7 from December's -6.4. At 1700GMT, ECB President Mario Draghi is slated to speak at the WEF in Davos, with the title: "The Path from Crisis to Stability." The UK December BBA Mortgage Approvals data will cross the wires at 0930GMT and will likely confirm the continuing surge in borrowing underpinned by the Government's Help to Buy  Bank of England Governor Mark Carney speaks in Davos at 1205GMT. Carney spoke in a BBC interview late Thursday and appeared to set the stage for the MPC restating forward guidance, However, he said there was no "immediate" need for a rate hike. The only issuance Friday sees the UK sell a total stg 3 bn in 1, 3 and 6-month T-bills.

(pare/closed(00:00 GMT +02:00)/change, %)

EUR/USD $1,3695 +1,08%

GBP/USD $1,6635 +0,37%

USD/CHF Chf0,8971 -1,59%

USD/JPY Y103,26 -1,21%

EUR/JPY Y141,41 -0,11%

GBP/JPY Y171,76 -0,84%

AUD/USD $0,8767 -0,94%

NZD/USD $0,8301 -0,07%

USD/CAD C$1,1098 +0,12%

02:00 New Zealand Credit Card Spending December +3.5% -1.2%

09:00 Switzerland World Economic Forum Annual Meetings

09:30 United Kingdom BBA Mortgage Approvals December 45.0 47.2

12:05 United Kingdom BOE Gov Mark Carney Speaks

13:30 Canada Consumer Price Index m / m December 0.0% -0.2%

13:30 Canada Consumer price index, y/y December +0.9% +1.4%

13:30 Canada Bank of Canada Consumer Price Index Core, m/m December -0.1% -0.4%

13:30 Canada Bank of Canada Consumer Price Index Core, y/y December +1.1% +1.3%

14:00 Belgium Business Climate January -6.4 -4.4

17:00 Eurozone ECB President Mario Draghi Speaks