Morning Call by Ultimate Forex Profits Morning Call by Ultimate Forex Profits
Feb 04

Currency: EUR/USD 
News: In January the Euro area PMI service index rose to 52.5  
Comment: Bearish 
Open: 1.3893 
Current Price: 1.3857

Currency: GBP/USD 
News: In January, the U.K. nationwide consumer confidence index climbed to 73 
Comment: Bullish 
Open: 1.5876 
Current Price: 1.5878

Currency: USD/JPY 
News: Yesterday, regional stock markets retreated along with commodities 
Comment: Consolidating 
Open: 90.96 
Current Price: 91.01

Currency: USD/CAD 
News: Yesterday, gold and crude oil prices dropped. 
Comment: Consolidating 
Open: 1.0620 
Current Price: 1.0618

Currency: USD/CHF 
News: Yesterday regional stock markets retreated along with commodities 
Comment: Consolidating 
Open: 1.0592 
Current Price: 1.0614

Currency: AUD/USD 
News: The AUD dropped quickly on the back of worse than expected December retail sales. The AUD recovered on the back of strong home building approvals
Comment: Consolidating 
Open: 0.8826 
Current Price: 0.8782

Currency: NZD/USD 
News: The possibility of a rate hike in New Zealand is receding after the unemployment rate reached a 10-year high.
Comment: Consolidating 
Open: 0.7022 
Current Price: 0.6941

Due for release today is the AUD Building Approvals m/m, AUD Retail Sales m/m, GBP Halifax HPI m/m, GBP Asset Purchase Facility, GBP MPC Rate Statement, GBP Official Bank Rate , EUR Minimum Bid Rate, CAD Building Permits m/m, EUR ECB Press Conference, USD Unemployment Claims, CAD Ivey PMI, USD FOMC Member Hoenig Speaks.

By Ultimate Forex Profits

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