Forex Blog by Greg Secker

FX Report

Currency: EUR/USD
News: Yesterday Jean Claude Trichet stated that if necessary the central bank will rescue Greece
Comment: Bullish
Open: 1.3566
Current Price: 1.3517

Currency: GBP/USD
News: U.K may announce a fiscal deficit reduction program
Comment: Bullish
Open: 1.5107
Current Price: 1.5039

Currency: USD/JPY
News: Short-term interbank rate of USD widened
Comment: Consolidating
Open: 90.07
Current Price: 90.16

Currency: USD/CAD
News: Gold prices dropped
Comment: Consolidating
Open: 1.0179
Current Price: 1.0205

Currency: USD/CHF
News: In February, Switzerland’s M3 money supply rose 6.1% 
Comment: Bearish
Open: 1.0576
Current Price: 1.0608

Currency: AUD/USD
News: Global equities rose
Comment: Consolidating
Open: 0.9183
Current Price: 0.9156

Currency: NZD/USD
News: Global equities rose
Comment: Consolidating
Open: 0.7062
Current Price:0.7054

Due for release today is the CHF SNB Chairman Hildebrand Speaks, GBP CPI y/y, GBP CBI Realized Sales, USD Existing Home Sales and the NZD Current Account.

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