Oct 27
This morning the Euro is showing strength currently up at around the 1.4912 level. This morning Sterling is showing strength currently up from its open of 1.6312 and is now at the 1.6371 mark. There is very little in the way of UK economic data today. The JPY/USD pair is showing weakness currently down at the 92.00 level. The BOJ has come under increasing pressure from government officials, who fear that a quick end to the central bank’s emergency steps to support corporate funding would hurt an economy just emerging from its deepest recession in 60 years.
Due for release today is the AUD NAB Business Confidence, CHF UBS Consumption Indicator, GBP U.K. CBI Distributive Trades, USD S&P/Case-Shiller Composite-20 and USD Consumer Confidence, JPY Large Retailers’ Sales, JPY Retail Trade s.a. and JPY Retail Trade.
By Ultimate Forex Profits
Oct 21
This morning the Euro has recovered from its initial drop and is showing strength rising to around the 1.4958 level. This morning Sterling has risen to 1.6506 from its open of 1.6384. Technical resistance as aforementioned next at 1.6495/00. The JPY/USD is showing weakness today currently at around the 90.53 mark. Due for release today there is Fed’s Plosser to Speak at Stanford on Monetary Policy, Westpac Leading Index, NZD Credit Card Spending, CHF Real Estate Index Family Homes, GBP Bank of England Minutes, GBP U.K. CBI Quarterly Industrial Trends Total Orders, USD Fed Releases Beige Book Economic Report, JPY Merchandise Trade Balance Total, USD Adjusted Merchandise Trade Balance.
By Ultimate Forex Profits
Oct 20
This morning the EUR/USD pair is up at 1.4969 from its open of 1.4579. This morning the GBP/USD is up at 1.6424 up from its open of 1.6661. This morning the JPY/USD pair is down at 90.17 from its open of 91.75.
GBP Public Finance, GBP Public Sector Net Borrowing, GBP M4 Money Supply, CAD Leading Indicators, USD Producer Price Index, USD PPI Ex Food and Energy, USD Housing Starts, USD Building Permits, CAD Bank of Canada Interest Rate Decision.
By Ulitimate Forex Profits