# Forex Major Currencies Outlook (Feb 09, 2016) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-feb-09-2016/ Language: en Updated: 2016-02-09 Description: Explore Forex Major Currencies Outlook (Feb 09, 2016). USDThe US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The US dollar regained ground to the higher-yielders, except for the euro, franc, and yen. Risk aversion allowed the safe-haven currency to get back on its feet even though there were no major reports released. JOLTS job openings and wholesale inventories data are due today. **EUR** The euro advanced to the dollar and comdolls but lost ground to the yen and franc. Euro zone Sentix investor confidence slipped from 9.6 to 6.0, worse than the projected drop to 7.2. German industrial production and trade balance are due today, with weak data likely to weigh on the shared currency’s gains. **GBP** The pound was one of the weakest performers of the bunch as there were no reports to keep it supported. UK BRC retail sales monitor data showed a 2.6% rebound but was still unable to give the currency a boost. UK trade balance and a speech by MPC member Cunliffe are lined up today. **CHF** The franc resumed its rally from last week, as the SNB foreign currency reserves showed no evidence of intervention. Swiss unemployment rate is due today and a rise from 3.4% to 3.5% is eyed, likely to push the franc a bit lower. **JPY** The yen was one of the biggest winners, as it advanced against its currency rivals thanks to risk-off moves. Data from Japan was actually weaker than expected but traders appeared to prefer the Japanese currency against its other safe-haven peer, the US dollar. Preliminary machine tool orders data is due today. **Commodity Currencies (AUD, NZD, CAD)** The comdolls chalked up a lot of losses at the start of the week, even as the absence of Chinese traders kept markets in the green during the Asian session. The meeting between Venezuela and small oil-producing nations failed to bear fruit, weighing on oil prices again. In Australia, the NAB business confidence index held steady at 2, not showing any improvement. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-feb-09-2016/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-feb-09-2016/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-feb-09-2016/", "headline": "Forex Major Currencies Outlook (Feb 09, 2016)", "inLanguage": "en", "datePublished": "2016-02-09T07:47:35+00:00", "dateModified": "2016-02-09T07:47:35+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (Feb 09, 2016). USDThe US. 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