FX Report
Currency: EUR/USD
News: Merkel states that EU summit will not agree on any aid package for Greece
Comment: Consolidating
Open: 1.3527
Current Price: 1.3509
Currency: GBP/USD
News: CBI: States that the U.K.’s economic recovery will be slow this year
Comment: Bearish
Open: 1.5016
Current Price: 1.4646
Currency: USD/JPY
News: Japan: could provide unlimited guarantees for Samurai bond sales
Comment: Consolidating
Open: 90.53
Current Price: 90.62
Currency: USD/CAD
News: Stronger CPI and retail sales reports, with BoC implications
Comment: Consolidating
Open: 1.0176
Current Price: 1.0165
Currency: USD/CHF
News: Switzerland’s government has stated that its economy will shrink by 2.2% this year
Comment: Consolidating
Open: 1.0608
Current Price:1.0614
Currency: AUD/USD
News: The Australian dollar slid, as lower commodity and equity prices dented demand for higher-yielding assets.
Comment: Bearish
Open: 0.9158
Current Price: 0.9125
Currency: NZD/USD
News: New Zealand’s currency weakened after a surprise interest- rate increase by India
Comment: Bearish
Open: 0.7085
Current Price: 0.7065
Due for release today is the EUR ECB President Trichet Speaks and the GBP BOE Gov King Speaks.
by Ultimate Forex Profits
