Explain why the Australian Dollar (AUD), British Pound (GBP), Euro (EUR) and Canadian Dollar (CAD) are impacted on 6 January 2012.

The factor that impacted on 6 January 2012 is Jobless Rate, Euro zone, unemployment, Industrial Orders, Manufacturing Orders.

1)      Australian Dollar(AUD)

-          US Employment data and jobless claims improved. This figure may be impacted by seasonal factors but is still the largest monthly gain since 2001.

-          It might suggest a decrease in demand for non-monetary gold that could explain the decline in gold prices

2)      British Pound (GBP)

-          It is association with the European debt problems.

-          The United Kingdom is highly exposed to the European Union as the banks own a lot of EU debt, and the UK also sends 30% of its exports to that area.

-          It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity.

3)      Euro

-          The Euro slumped to 16 month lows led lower by Spain and Italy as Euro zone debt tensions outweighed the strong US jobs data.

-          Oil prices spiked higher overnight as Europe confirmed it would ban Iranian oil exports with Saudi Arabia stepping in to close the shortfall, closing at USD 101 per barrel (WTI).

-          Release earlier consumer spending data and it is the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

4)      Canadian Dollar(CAD)

-          The number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions.

-          Consequently might affect the prices of energy commodities including crude oil and natural gas prices as Canada is a lead exporter of these commodities to the U.S