Forex Blog by Greg Secker

Today, had a similar feel as some markets had 12 months ago when risk aversion was at it’s height. JPY and CHF crosses fell heavily and Gold continued to make new highs. This morning the EUR/USD pair has risen to the 1.5066 level. Cable has shown strength and is now up at around the 1.6573 level, from its open of 1.6500. The USD/JPY pair has shown weakness and is currently down at around the 86.23 level. Price action suggests that the sellers are much bigger and much more desperate than the buyers.

Due for release today is the AUD HIA New Home Sales, GBP Gfk Consumer Confidence Survey, JPY Housing Starts, EUR French Producer Prices, GBP Mortgage Approvals, GBP Net Consumer Credit, GBP Net Lending Sec. on Dwellings, EUR Euro-Zone Consumer Price Index, CAD Quarterly Gross Domestic Product Annualized, CAD Gross Domestic Product.

By Ultimate Forex Profits

This morning the EURO/USD pair has shown strength and increased to the 1.5001 level. Today Cable has risen, from its open of 1.6587 and is now currently at the 1.6674 level. The USD/JPY pair has shown weakness this morning and is currently down at the 88.32 level. 

Due for release today there is the EUR German Gfk Consumer Confidence Survey, GBP Gross Domestic Product, GBP Private Consumption, GBP Government Spending, GBP Exports, GBP Imports and GBP Index of Services, USD Durables Ex Transportation, USD Personal Spending, USD Personal Consumption Expenditure and USD New Home Sales.

By Ultimate Forex Profits

This morning the EUR/USD pair has shown weakness dropping from its open of 1.4971 to 1.4918. This morning the GBP/USD pair has dropped down to the 1.6544 level.  The JPY/USD pair has shown weakness dropping to 88.71.

 Due for release today is the JPY Bank of Japan Monthly Report, CHF UBS Consumption Indicator, EUR German Gross Domestic Product, EUR German Private Consumption, EUR German IFO – Expectations, EUR German IFO – Business Climate, EUR German IFO- Current Assessment.

By Ultimate Forex Profits

The EURO/USD pair has shown weakness this morning currently down at the 1.4914 level. The GBP/ USD pair has shown weakness today and is currently down from its open of 1.6664 at the 1.6622 mark. The JPY/USD pair has dropped this morning to the 88.84 level.

Due for release today is the JPY Bank of Japan Interest Rate Decision, NZD Credit Card Spending and NZD Credit Card Spending.

By Ultimate Forex Profits

This morning the EURO/USD pair has shown weakness and is currently down at the 1.4870 level. This morning the GBP/USD pair has shown weakness, dropping from its open of 1.6744 and is currently down at the 1.6687 level. This morning the JPY/USD pair is down from its open at around the 89.04 level.

Due for release today is the AUD Average Weekly Wages, AUD Average Weekly Wages, JPY All Industry Activity Index, CHF Trade Balance, GBP Public Finances, GBP Retail Sales, GBP Public Sector Net Borrowing, GBP Major Banks Mortgage Approvals.

By Ultimate Forex Profits

This morning the EURO/USD pair has shown strength currently up from its open at around the 1.4890 level. This morning the GBP/USD pair has shown weakness currently down at around the 1.6800 level. This morning the JPY/USD pair has shown weakness and is currently down at around the 89.17 mark.

Due for release today there is the GBP Bank of England Meeting Minutes, EUR Euro-Zone construction output, GBP U.K. CBI Industrial Trends Total, CAD Bank Canada Consumer Price Index, USD Consumer Price Index and USD Consumer Price Index and  USD Housing Starts.

By Ultimate Forex Profits

This morning the EURO/USD pair is showing weakness currently down at around the 1.4958 level. This morning the GBP/USD pair has improved from its open of 1.6819 and is currently up at around the 1.6841 level. The JPY/USD pair is showing weakness and is currently down at 88.77.

Due for release today is the CHF Retail Sales, GBP Core Consumer Price Index, GBP Consumer Price Index, USD Producer Price Index, USD Producer Price Index, USD Net Long-Term TIC Flows and USD Industrial Production.

By Ultimate Forex Profits

Today the EURO/USD pair has shown strength and is currently up at the 1.4968 level. This morning the GBP/USD pair has shown strength up at around the 1.6693 level. This morning the JPY/USD pair has shown weakness and is currently down at the 89.43 level.

Due for release today is the GBP Rightmove House Prices, GBP Rightmove House Prices, USD Advanced Retail Sales, CAD Manufacturing Shipments, USD Retail Sales Ex Auto and Gas.

By Ultimate Forex Profits