Forex Blog by Greg Secker

FX Report

Currency: EUR/USD
News: Eurozone failed to to confirm aid for Greece 
Comment: Bullish
Open: 1.3674
Current Price: 1.3671

Currency: GBP/USD
News: Moody’s may downgrade UK
Comment: Bullish
Open: 1.5049
Current Price: 1.5021

Currency: USD/JPY
News: Global equities dropped
Comment: Consolidating
Open: 90.48
Current Price: 90.46

Currency: USD/CAD
News: Yesterday, Crude oil dropped 
Comment: Bearish
Open: 1.0189
Current Price: 1.0184

Currency: USD/CHF
News: Global equities dropped 
Comment: Bearish
Open: 1.0618
Current Price: 1.0611

Currency: AUD/USD
News: Tightening monetary policy in China caused concern
Comment: Bullish
Open: 0.9138
Current Price: 0.9140

Currency: NZD/USD
News: Global equities dropped
Comment:Consolidating
Open: 0.7018
Current Price: 0.7034

Due for release today is the EUR German ZEW Economic Sentiment, USD Building Permits, USD FOMC Statement and USD Federal Funds Rate.

by Ultimate Forex Profits

FX Report

Currency: EUR/USD
News: European finance ministers to work on Greece bail out today
Comment: Bullish
Open: 1.3767
Current Price: 1.3743

Currency: GBP/USD
News: The latest UK housing data is not inspiring
Comment: Bearish
Open: 1.5208
Current Price: 1.5133

Currency: USD/JPY
News: BOJ meeting this week, likely to favor more money injections to keep yen weak
Comment: consolidating
Open: 90.55
Current Price: 90.68

Currency: USD/CAD
News: Canada created more jobs than expected in February
Comment: Bullish
Open: 1.0185
Current Price: 1.0172

Currency: USD/CHF
News: Global equities rose
Comment: Bearish
Open: 1.0579
Current Price: 1.0592

Currency: AUD/USD
News: Aussie, Kiwi Erase Gains on U.S., U.K. Credit Ratings Concern
Comment: Consolidating
Open: 0.9150
Current Price: 0.9144

Currency: NZD/USD
News: Aussie, Kiwi Erase Gains on U.S., U.K. Credit Ratings Concern
Comment: Consolidating
Open: 0.7014
Current Price: 0.7034

Due for release today is the USD TIC Long-Term Purchases and the AUD Monetary Policy Meeting Minutes.

by Ultimate Forex Profits

FX Report

Currency: EUR/USD
News: Yesterday, the Greek prime minister said the debt crisis was over.
Comment: Bullish
Open: 1.3651
Current Price: 1.3635

Currency: GBP/USD
News: In Jan the UK manufacturing production fell 0.9%.
Comment: Bullish
Open: 1.3651
Current Price: 1.3637

Currency: USD/JPY
News: In Q4 of last year Japan’s GDP was revised down to 3.8%.
Comment: Consolidating
Open: 90.51
Current Price: 90.44

Currency: USD/CAD
News: Crude oil rose to USD 82 per barrel.
Comment: Consolidating
Open: 1.0246
Current Price: 1.0256

Currency: USD/CHF
News: Global equities rose
Comment: Bearish
Open: 1.0696
Current Price: 1.0711

Currency: AUD/USD
News: Unemployment in Australia rose to 5.3% in February
Comment: Bullish
Open: 0.9153
Current Price: 0.9150

Currency: NZD/USD
News: Reserve bank of New Zealand Kept Interest rates unchanged this morning.
Comment:Consolidating
Open: 0.7020
Current Price: 0.6992

Due for release is the CHF Libor Rate, CHF SNB Monetary Policy Assessment, CAD Trade Balance, USD Trade Balance, USD Unemployment Claims and NZD Retail Sales m/m.

by Ultimate Forex Profits

FX Report

Currency: EUR/USD
News: Fitch has warned that Portugal credit rating may be lowered
Comment: Bullish
Open: 1.3601
Current Price: 1.3572

Currency: GBP/USD
News: In Feb the RIC’s housing price survey dropped to 17%
Comment: Bullish
Open: 1.4995
Current Price: 1.4927

Currency: USD/JPY
News: In Jan, Japan’s core Machinery orders fell 1.1%
Comment: Consolidating
Open: 89.95
Current Price:90.03

Currency: USD/CAD
News: Commodities dropped yesterday
Comment: Consolidating
Open: 1.0189
Current Price: 1.0280

Currency: USD/CHF
News:Global equities retreated
Comment: Bearish
Open: 1.0749
Current Price: 1.0773

Currency: AUD/USD
News: In March, Westpac consumer confidence rose 0.2%
Comment: Bullish
Open: 0.9165
Current Price: 0.9146

Currency: NZD/USD
New Zealand’s terms of trade index surged 5.7% in Q4
Comment: Consolidating
Open: 0.7027
Current Price:0.7045
Due for release today is the GBP Manufacturing Production m/m, NZD Official Cash Rate, RBNZ Press Conference, RBNZ Rate Statement, AUD Employment Unemployment Change, CNY Industrial Production.

by Ultimate Forex Profits

FX Report

Currency: EUR/USD
News: The Prime Minister warned that a new global crises may be coming
Comment: Bullish
Open: 1.3605
Current Price: 1.3545

Currency:GBP/USD
News: Concern over forming a minor government after the election
Comment: Bullish
Open: 1.5048
Current Price: 1.4948

Currency: USD/JPY
News: Rebounding from global equities  
Comment: Consolidating
Open: 90.30
Current Price: 89.75

Currency: USD/CAD
News: In Feb Canada’s housing starts rose to 196,700
Comment: Consolidating
Open: 1.0271
Current Price: 1.0303

Currency: USD/CHF
News: Rebounding from global equities  
Comment: Bearish
Open: 1.0731
Current Price: 1.0801

Currency: AUD/USD
News: Speculation over the Renminbi underpinning asset prices
Comment: Bullish
Open: 0.9090
Current Price: 0.9063

Currency: NZD/USD
News: Rebounding from global equities  
Comment: Consolidating
Open: 0.7007
Current Price: 0.6968

Due for release today is the AUD Home Loans m/m.

by Ultimate Forex Profits

Fx Report

Currency: EUR/USD
Comment: Bullish
Open: 1.3626
Current Price: 1.3661

Currency: GBP/USD
Comment: Consolidating
Open: 1.5138
Current Price: 1.5149

Currency: USD/JPY
Comment: Bullish
Open: 90.25
Current Price: 90.36

Currency: USD/CAD
Comment: Consolidating
Open: 1.0278
Current Price: 1.0273

Currency: USD/CHF
Comment: Bearish
Open: 1.0740
Current Price: 1.0706

Currency: AUD/USD
Comment: Consolidating
Open: 0.9075
Current Price: 0.9115

Currency: NZD/USD
Comment: Consolidating
Open: 0.6964
Current Price: 0.7010
 
 
 Due for release today is the CHF Retail Sales y/y and also the CAD Housing Starts.

by Ultimate Forex Profits

Currency: EUR/USD
News: Yesterday, Moody’s downgraded German megabank  downgraded credit rating
Comment: Bullish
Open: 1.3580
Current Price: 1.3590

Currency: GBP/USD
News: Yesterday, interest rates and QE program left unchanged
Comment: Consolidating
Open: 1.5029
Current Price: 1.5033

Currency: USD/JPY
News: Yesterday, global equities and commodity prices dropped
Comment: Bullish
Open: 89.00
Current Price: 89.23

Currency: USD/CAD
News: In Jan Canada’s Ivey PMI increased to 51.9
Comment: Bearish
Open: 1.0314
Current Price: 1.0321

Currency: USD/CHF
News: Yesterday, global equities and commodity prices dropped
Comment: Consolidating
Open: 1.0769
Current Price: 1.0763

Currency: AUD/USD
News: Australian trade deficit fell to AUD 1.176 billion.
Comment: Consolidating
Open: 0.8999
Current Price: 0.9022

Currency: NZD/USD
News: Yesterday, global equities and commodity prices fell
Comment: Consolidating
Open:0.6864
Current Price: 0.6892

Due for release today is the GBP PPI Input m/m, the USD Non-Farm Employment Change and the USD Unemployment Rate.

FX Report

Currency: EUR/USD
News: Yesterday Greece announced 4.8 billion Euros of additional deficit cuts
Comment: Bullish
Open: 1.3694
Current Price: 1.3653

Currency: GBP/USD
News: Feb UK PMI rose to 58.4
Comment: Bullish
Open: 1.5096
Current Price: 1.5047

Currency: USD/JPY
News: In Q4 ’09 Japan’s capital spending fell to 17.3%.
Comment: Consolidating
Open: 88.45
Current Price: 88.36

Currency: USD/CAD
News: Yesterday gold and crude oil prices rose
Comment: Consolidating
Open: 1.0317
Current Price: 1.0371

Currency: USD/CHF
News: Global equities and commodities prices rose
Comment: Bearish
Open: 1.0674
Current Price: 1.0713

Currency: AUD/USD
News: Australia’s trade deficit shrank to AUD 1.176 billion
Comment: Consolidating
Open: 0.9056
Current Price: 0.9007

Currency: NZD/USD
News: Global equities and commodities prices rose
Comment: Consolidating
Open: 0.6944
Current Price: 0.6898

Due for release today is the 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 and USD Pending Home Sales m/m.

by Ultimate Forex Profits

FX Report

Currency: EUR/USD
News: Greece may announce 4.8 billion of deficit cuts today.
Comment: Bullish
Open: 1.3614
Current Price: 1.3607

Currency: GBP/USD
News: In Feb UK PMI fell to 48.5.
Comment: Bullish
Open: 1.4968
Current Price: 1.5001

Currency: USD/JPY
News: Regional equities fell.
Comment: Consolidating
Open:  88.84
Current Price: 88.74

Currency: USD/CAD
News: Interest rates kept constant by Bank of Canada.
Comment: Consolidating
Open: 1.0353
Current Price: 1.0351

Currency: USD/CHF
News: GDP in Switzerland rose by 0.7%.
Comment: Bearish
Open: 1.0747
Current Price: 1.0705

Currency: AUD/USD
News: Yesterday, RBA increased interest rates by 25bps to 4%. 
Comment: Consolidating
Open: 0.9033
Current Price: 0.9022

Currency: NZD/USD
News: Yesterday, RBA increased interest rates by 25bps to 4%.
Comment: Consolidating
Open: 0.6990
Current Price: 0.6931

Due for release today is the AUD Gross Domestic Product Q4 and AUD Gross Domestic Product Q4.

by Ultimate Forex Profits