# Forex Major Currencies Outlook (Jan 11, 2017) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-jan-11-2017/ Language: en Updated: 2017-01-11 Description: Explore Forex Major Currencies Outlook (Jan 11, 2017). USDThe. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The dollar had a mixed performance as economic data did very little to provide strong direction. JOLTS job openings came in at 5.52M, up from the downgraded 5.45M reading in October but short of the estimated 5.59M figure. The NFIB small business index showed a strong climb from 98.4 to 105.8. There are no major reports due from the US today. **EUR** The euro was able to advance against the dollar but weakened against most of its major counterparts. French industrial production data beat expectations with a 2.2% gain versus the projected 0.5% uptick. There are no reports lined up from the region today. **GBP** The pound was able to make a quick bounce against most of its rivals, as Brexit headlines took the back seat. UK BRC retail sales monitor printed a sharper 1.0% gain versus the earlier 0.6% uptick. UK manufacturing production and goods trade balance figures are lined up today, with the former slated to show a 0.6% rebound and the latter likely to print a wider 11.2 billion GBP deficit. **CHF** The franc was mostly weaker even though the Swiss jobless rate came in line with expectations at 3.3%. There are no reports due from the Swiss economy today so the franc could take its cue from country-specific data. **JPY** The yen continued to rake in gains against its peers as the Japanese currency took advantage of the slowdown in dollar demand. Japanese consumer confidence data improved from 40.9 to 43.1 and leading indicators are due today. **Commodity Currencies (AUD, NZD, CAD)** The Loonie was bogged down by weak crude oil prices on expectations of higher US inventories. Building permits and housing starts printed mixed results as well. Australian retail sales printed a slower 0.2% gain versus the projected 0.5% rise while Chinese CPI fell short of estimates. EIA crude oil inventories data lined up today could push Loonie pairs around once more. *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-jan-11-2017/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-jan-11-2017/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-jan-11-2017/", "headline": "Forex Major Currencies Outlook (Jan 11, 2017)", "inLanguage": "en", "datePublished": "2017-01-11T07:52:14+00:00", "dateModified": "2017-01-11T07:52:14+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (Jan 11, 2017). USDThe. 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