Mar 02

FX Report

Currency: EUR/USD
News: Jan US Consumer spending rose 0.5%.
Comment: Bullish
Open: 1.3559
Current Price: 1.3524

Currency: GBP/USD
News: Pound dropped over concerns of Hung parliament.
Comment: Consolidating
Open: 1.4987
Current Price: 1.4891

Currency: USD/JPY
News: Yesterday, global equities improved.
Comment: Consolidating
Open: 89.11
Current Price: 89.24

Currency: USD/CAD
News: The CAD showed strength as the economy expanded 5% in Q4 ’09.
Comment: Consolidating
Open: 1.0411
Current Price: 1.0407

Currency: USD/CHF
News: In Jan the SVME purchasing manager index climbed to 57.4
Comment: Bearish
Open: 1.0789
Current Price: 1.0816

Currency: AUD/USD
News: Today, RBA may increase rates
Comment: Consolidating
Open: 0.9007
Current Price: 0.8996

Currency: NZD/USD
News: Yesterday, global equities improved.
Comment: Consolidating
Open: 0.6994
Current Price: 0.6951

Due for release today is the CAD BOC Rate Statement, CAD Overnight Rate and AUD GDP q/q.

by Ultimate Forex Profits

Mar 01

FX Report

Currency: EUR/USD
News: Last week, Bernanke stated that interest rates should be kept low.
Comment: Consolidating
Open: 1.3630
Current Price: 1.3608

Currency: GBP/USD
News: BOE commented that QE may be expanded
Comment: Consolidating
Open: 1.5230
Current Price: 1.5123

Currency: USD/JPY
News: Last week global equities and commodity prices dropped
Comment: Consolidating
Open: 88.95
Current Price: 89.19

Currency: USD/CAD
News: Last week crude fell
Comment: Consolidating
Open: 1.0512
Current Price: 1.0521

Currency: USD/CHF
News: Last week global equities and commodity prices dropped
Comment: Bearish
Open: 1.0731
Current Price: 1.0754

Currency: AUD/USD
News: Australian company profits increase for the first time in 5 quarters , manufacturing also increased at the fastest pace since 2007
Comment: Consolidating
Open: 0.8951
Current Price: 0.8975

NZD/USD
NZ trade surplus in Jan NZ$269 million.
Consolidating
0.6976
0.6983

Due for release today is the GBP Manufacturing PMI, CAD GDP m/m, USD ISM Manufacturing PMI, AUD Building Approvals m/m, AUD Retail Sales m/m, AUD Cash Rate and AUD RBA Rate Statement.

by Ultimate Forex Profits

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