FX Report
Currency: EUR/USD
News: CIC officials stated USD may have already hit the bottom
Daily Forecast:Bullish
Open: 1.4483
Current Price: 1.4482
Currency: GBP/USD
Daily Forecast:Andrew Sentance declares quantitative easing a success. Interest rates may have to rise to hold back prices.
Consolidating
Open: 1.4418
Current Price: 1.6211
Currency:USD/JPY
News:Japanese December Corporate Bankruptcies -16.59 % y/y Consolidating
Open: 90.94
Current Price: 91.40
Currency:USD/CAD
News:In November Canada Trade Deficit reached CAD344mil.
Daily Forecast:Bearish
Open: 1.0386
Current Price: 1.0383
Currency:USD/CHF
News:Yesterday, Global equities and commodity prices fell, good for the CHF.
Daily Forecast:Bearish
Open: 1.0185
Current Price: 1.0208
Currency:AUD/USD
Daily Forecast:China increased reserve requirement, risk aversion then picked up
Daily Forecast:Bullish
Open: 0.9197
Current Price: 0.9242
Currency:NZD/USD
News:New Zealand ANZ Commodity Price Index in December +2.6 %
Daily Forecast:Bullish
Open0.7382
Current Price: 0.7405
Due for release today is the GBP Manufacturing Production m/m, GBP NIESR GDP Estimate, USD Beige Book , NZD Building Consents m/m and USD Beige Book.
By Ultimate Forex Profits
