Morning Call by Ultimate Forex Profits Morning Call by Ultimate Forex Profits
Mar 17

FX Report

Currency: EUR/USD
News: Yesterday, the Fed pledged to keep the interest rates unchanged
Comment:Bullish
Open: 1.3772
Current Price: 1.3813

Currency: GBP/USD
News: U.K. finance minister stated that the introduction of a fiscal deficit reduction program may be on the cards
Comment:Bullish
Open: 1.5250
Current Price: 1.5262

Currency: USD/JPY
News: Speculation that BOJ may expand the QE program
Comment:Consolidating
Open: 90.24
Current Price: 90.47

Currency: USD/CAD
News: Yesterday, Gold and crude oil prices surged 
Comment:Bearish
Open: 1.0133
Current Price: 1.0132

Currency: USD/CHF
News: Swizerland’s government revised up this year’s  economic
Comment:Bearish
Open: 1.0544
Current Price: 1.0526

Currency: AUD/USD
News: RBA stated concerns on the Euro area debt crises
Comment:Bullish
Open: 0.9195
Current Price: 0.9201

Currency: NZD/USD
News: Global equities rebounded.
Comment:Consolidating
Open: 0.7131
Current Price: 0.7125

Due for release today is the JPY BOJ Press Conference, GBP Claimant Count Change, GBP MPC Meetings and USD PPI m/m.

by Ultimate Forex Profits

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