FX Report
Currency: EUR/USD
News: European economic confidence climbed to the highest level since June 2008.
Comment: Bearish
Open: 1.3411
Current Price: 1.3498
Currency: GBP/USD
News: Bank of England policy maker Andrew Sentance has warned that global disparities in trade flows and domestic demand may re-emerge as economic growth resumes.
Comment: Bearish
Open: 1.4900
Current Price: 1.5011
Currency: USD/JPY
News: In February, Japan’s retail sales rose at the fastest pace in more than a decade
Comment: Consolidating
Open: 92.45
Current Price: 92.62
Currency: USD/CAD
News: In January, Canada reported a C$265 million ($258 million) budget deficit, in comparison to a surplus a year earlier.
Comment: Consolidating
Open: 1.0270
Current Price: 1.0217
Currency: USD/CHF
News: Rising concern on the Switzerland National Bank may intervene the CHF,
Comment: Consolidating
Open: 1.0648
Current Price: 1.0595
Currency: AUD/USD
News: Australia’s central bank Governor Glenn Stevens stated that house prices are rising ‘quite high’ and signaled that interest rates may need to be increased further avoid inflation.
Comment: Consolidating
Open: 0.9039
Current Price: 0.9133
Currency:NZD/USD
News: New Zealand’s trade surplus widened to NZD 321 million in February, but trailed market estimates,
Comment: Consolidating
Open: 0.7031
Current Price: 0.7108
Due for release today is the USD Core PCE Price Index m/m, USD Personal Spending m/m, USD Treasury Sec Geither Speaks and the GBP MPC Member Dale Speaks.
by Ultimate Forex Profits
