Forex Blog by Greg Secker

Forex Currency: EUR/USD
News: EU officials have stated that the aid package for Greece will conclude within days.
Comment: Consolidating
Open: 1.3242
Current Price: 1.3246

Forex Currency: GBP/USD
News: In April the UK GFK consumer confidence survey declined to the below expected level at -16.
Comment: Consolidating
Open: 1.5335
Current Price: 1.5342

Forex Currency: USD/JPY
News: In March Japan’s core consumer price index fell 1.2% year-on-year.
Comment: Bullish
Open: 94.09
Current Price: 94.08

Forex Currency: USD/CAD
News: Yesterday, oil prices jumped over 2%.
Comment: Bearish
Open:  1.0058
Current Price: 1.0032

Forex Currency: USD/CHF
News: Yesterday, U.S. equities and crude oil prices surged
Comment: Consolidating
Open:  1.0830
Current Price: 1.0827

Forex Currency: AUD/USD
News: In March Australia’s new housing sales rose 0.9%
Comment: Consolidating
Open:  0.9280
Current Price: 0.9303

Forex Currency: NZD/USD
News: In March, New Zealand’s trade surplus widened to 567 million Kiwi.
Comment: Consolidating
Open:  0.7235
Current Price: 0.7250

Due for release today is the JPY BOJ Press Conference, CHF SNB Chairman Hildebrand Speaks, CHF KOF Economic Barometer, CAD GDP m/m, USD Advance GDP q/q and CNY Manufacturing PMI.

Foreign Exchange Report

Forex Currency: EUR/USD
News: Yesterday, S and P cut the ratings of Greece and Portugal 
Comment: Consolidating
Open: 1.3160
Current Price: 1.3205

Forex Currency: GBP/USD
News: In March, the U.K’s BBA mortgage approvals rose to 34,905.
Comment: Bullish
Open: 1.5245
Current Price: 1.5256

Forex Currency: USD/JPY
News: Yesterday, crude oil and equities retreated
Comment: Bullish
Open: 93.06
Current Price: 93.24

Forex Currency: USD/CAD
News: Yesterday, the oil price fell by over 2%.
Comment: Bearish 
Open: 1.0163
Current Price: 1.0145

Forex Currency: USD/CHF
News: Swizerland’s consumer indicator surged to 1.708
Comment: Consolidating
Open: 1.0887
Current Price: 1.0845

Forex Currency: AUD/USD
News: Yesterday, the Aussie was suppressed after global stock markets retreated.
Comment: Consolidating
Open: 0.9144
Current Price: 0.9210

Forex Currency: NZD/USD
News: Yesterday, the Kiwi was suppressed after global stock markets retreated.
Comment: Consolidating
Open: 0.7113
Current Price: 0.7152

Due for release today is the USD FOMC Statement, USD Federal Funds Rate, NZD Official Cash Rate and the NZD RBNZ Rate Statement.

Foreign Exchange Report

Forex Currency: EUR/USD
News: German Chancellor Angela Merkel stated that Greece must commit further savings measures.
Comment: Consolidating
Open: 1.3392
Current Price: 1.3359

Forex Currency: GBP/USD
News: In April U.K. house prices rose 0.2% for 9th Consecutive month
Comment: Bullish
Open: 1.5452
Current Price: 1.5399
Forex Currency: USD/JPY
News: Yesterday ,U.S equities and crude oil prices retreated
Comment: Bullish
Open: 93.96
Current Price: 93.82

Forex Currency: USD/CAD
News: S and P rating services affirmed Canada’s AAA long-term sovereign ratings with a stable outlook
Comment: Bearish
Open: 1.0005
Current Price: 1.0013

Forex Currency: USD/CHF
News: Yesterday ,U.S equities and crude oil prices retreated
Comment: Consolidating
Open: 1.0709
Current Price: 1.0751

Forex Currency: AUD/USD
News: Yesterday ,U.S equities and crude oil prices retreated
Comment: Consolidating
Open: 0.9273
Current Price: 0.9250

Forex Currency: NZD/USD
News: Kiwi rose afterbearish comments on interest rate outlook from the Reserve Bank of Australia Governor Glenn Stevens.
Comment: Consolidating
Open: 0.7225
Current Price: 0.7209

Due for release today is the CBI Realized sales, USD CB Consumer Confidence, USD Fed Chairman Bernanke Testifies, CAD BOC Gov Carney Speaks, AUD CPI q/q and NZD NBNZ Business Confidence.

Foreign Exchange Report

Forex Currency: EUR/USD
News: The EU has revised Greece’s budget deficit to 13.6% in 2009. Yesterday, Moody’s rating.
Comment: Consolidating
Open: 1.3383
Current Price: 1.3300

Forex Currency: GBP/USD
News: In March U.K. sales rose 0.4%, which was a second month of increases.
Comment: Bearish
Open: 1.5380
Current Price: 1.5447

Forex Currency: USD/JPY
News: Yesterday, U.S equities and crude oil prices rose.
Comment: Consolidating
Open: 93.91
Current Price: 94.05

Forex Currency: USD/CAD
News: Bank of Canada signaled an increase in interest rates.
Comment: Bearish
Open: 0.9995
Current Price:  0.9996

Forex Currency: USD/CHF
News: In 2009 the EU revised Greece’s Budget Deficit to 13.6%
Comment: Consolidating
Open: 1.0724
Current Price: 1.0777

Forex Currency: AUD/USD
Yesterday, U.S equities and crude oil prices rose.
Comment: Consolidating
Open:0.9276
Current Price:  0.9279

Forex Currency: NZD/USD
In April the ANZ consumer confidence index rose 0.1%.
Comment: Consolidating
Open: 0.7168
Current Price:  0.7182

Due for release today is the AUD PPI q/q.

Foreign Exchange Report

Forex Currency: EUR/USD
News: The EU has revised Greece’s budget deficit to 13.6% in 2009. Yesterday, Moody’s rating.
Comment: Consolidating
Open: 1.3286
Current Price: 1.3251

Forex Currency: GBP/USD
News: In March U.K. sales rose 0.4%, which was a second month of increases.
Comment: Bearish
Open: 1.5386
Current Price: 1.5362

Forex Currency: USD/JPY
News: Yesterday, U.S equities and crude oil prices rose.
Comment: Consolidating
Open: 93.45
Current Price: 93.37

Forex Currency: USD/CAD
News: Bank of Canada signaled an increase in interest rates.
Comment: Bearish
Open: 1.0005
Current Price: 0.9990

Forex Currency: USD/CHF
News: In 2009 the EU revised Greece’s Budget Deficit to 13.6%
Comment: Consolidating
Open: 1.0783
Current Price: 1.0809

Forex Currency: AUD/USD
News: Yesterday, U.S equities and crude oil prices rose.
Comment: Consolidating
Open: 0.9266
Current Price: 0.9194

Forex Currency: NZD/USD
News: In April the ANZ consumer confidence index rose 0.1%.
Comment: Consolidating
Open: 0.7105
Current Price: 0.7102

Due for release today is the EUR German Ifo Business Climate, Prelim GDP q/q, CAD Core Retail Sales m/m, USD Core Durable Goods Orders m/m and USD New Home Sales.

Foreign Exchange Report

Forex Currency: EUR/USD
News: Greece’s CDS’s go to a record high at 495
Comment: Consolidating
Open: 1.3407
Current Price: 1.3407

Forex Currency: GBP/USD
News: BOE showed increased concern as the faster inflation, spurred interest rate expectation.
Comment: Consolidating
Open: 1.5463
Current Price: 1.5458

Forex Currency: USD/JPY
News: Yesterday, U.S. equities and crude oil prices rose
Comment: Consolidating
Open: 93.01
Current Price: 93.04

Forex Currency: USD/CAD
News: The IMF said that in 2010 and 2011 will grow fastest among G7 countries
Comment: Bearish
Open: 0.9970
Current Price: 0.9970

Forex Currency: USD/CHF
News: Yesterday, U.S. equities and crude oil prices rose
Comment: Consolidating
Open: 1.0684
Current Price: 1.0694

Forex Currency: AUD/USD
News: Yesterday, U.S. equities and crude oil prices rose
Comment: Consolidating
Open: 0.9281
Current Price: 0.9278

Forex Currency: NZD/USD
News: Yesterday, U.S. equities and crude oil prices rose
Comment: Consolidating
Open: 0.7125
Current Price: 0.7122

Due for release GBP Public Sector, GBP Retail Sales m/m, USD PPI m/m, USD Unemployment Claims, USD Unemployment Claims, USD Existing Home Sales, CAD BOC Monetary Policy Report, CAD BOC Monetary Policy Report, CAD BOC Press Conference and RBA Gov Stevens Speaks.

Foreign Exchange Report

Forex Currency: EUR/USD
News: Greece’s borrowings at least doubled at an auction of 1.95 billion Euros
Comment: Consolidating
Open: 1.3441
Current Price: 1.3436

Forex Currency: GBP/USD
News: In March, U.K. consumer prices climbed 3.4% from the previous year
Comment: Consolidating
Open: 1.5378
Current Price: 1.5402

Forex Currency: USD/JPY
News: Yesterday, US equities and crude oil rose
Comment: Consolidating
Open: 93.16
Current Price: 93.30

Forex Currency: USD/CAD
News: Yesterday, Bank of Canada kept the rate unchanged 
Comment: Consolidating
Open: 0.9982
Current Price: 0.9945

Forex Currency: USD/CHF
News: Yesterday global equities rose
Comment: Consolidating
Open: 1.0678
Current Price: 1.0671

Forex Currency: AUD/USD
News: Reserve bank of Australia’s minutes implied that interest rates may be increased.
Comment: Consolidating
Open: 0.9320
Current Price: 0.9328

Forex Currency: NZD/USD
News: Yesterday, global equities and crude oil rose
Comment: Consolidating
Open: 0.7118
Current Price: 0.7118

Due for release today is the GBP Claimant Count Change, GBP MPC Meeting Minutes and the USD Fed Chairman Bernanke Speaks.

Foreign Exchange Report

Forex Currency: EUR/USD
News: Increasing concern over Greek debt
Comment: Bullish
Open: 1.3498
Current Price: 1.3457

Forex Currency: GBP/USD
News: U.K. may face a hung parliament
Comment: Bearish
Open: 1.5361
Current Price: 1.5247

Forex Currency: USD/JPY
News: Yesterday, global equities rose.
Comment: Consolidating
Open: 91.98
Current Price: 91.94

Forex Currency: USD/CAD
News: Yesterday, crude oil plunged to USD 85.51.
Comment: Bearish
Open: 1.0129
Current Price:1.0161

Forex Currency: USD/CHF
News: Yesterday, global equities rose.
Comment: Bearish
Open: 1.0614
Current Price: 1.0644

Forex Currency: AUD/USD
News: In Q4 of last year China’s economic growth rate was better than expected
Comment: Bullish
Open: 0.9245
Current Price: 0.9173

Forex Currency: NZD/USD
News: NZ’s housing sales dropped to 8% in March.
Comment: Consolidating
Open: 0.7083
Current Price: 0.7079
Due for release today is the USD Fed Chairman Bernanke Speaks, NZD CPI q/q and the AUD Monetary Policy Meetings Minutes.

Forex Currency: EUR/USD 
News: The increasing concern over Greece debt crises 
Comment: Bullish 
Open: 1.3579 
Current Price: 1.3535

Forex Currency: GBP/USD 
News: Concerns over hung parliament 
Comment: Consolidating 
Open: 1.5471 
Current Price: 1.5400

Forex Currency: USD/JPY 
News: Global equities rose 
Comment: Bullish 
Open: 93.03 
Current Price: 92.65

Forex Currency: USD/CAD 
News: Yesterday, oil plunged to USD 85.51 
Comment: Bearish 
Open: 1.0018 
Current Price: 1.0020

Forex Currency: USD/CHF 
News: Yesterday, global equities rose 
Comment: Bearish 
Open: 1.0559 
Current Price: 1.0590
Forex Currency: AUD/USD 
News: China’s growth rate was better-than-expected in the first quarter of last year
Comment: Bullish 
Open: 0.9343 
Current Price: 0.9312

Forex Currency: NZD/USD 
News: In March, NZ housing sales dropped 8% 
Comment: Consolidating 
Open: 0.7120 
Current Price: 0.7109

Due for release today is the USD Building Permits and USD Prelim UoM Consumer Sentiment

By Ultimate Forex Profits

FX Report

Currency: EUR/USD
News: U.S. consumer price index (CPI) rose 0.1% only in March and core CPI was flat, which curbed the U.S.
Comment: Bullish
Open: 1.3650
Current Price: 1.3616

Currency: GBP/USD
News: In March the U.K. Nationwide consumer confidence index fell to 72
Comment: Consolidating
Open: 1.5466
Current Price: 1.5485

Currency: USD/JPY
News: Global equities rose 
Comment: Bullish
Open: 93.28
Current Price: 93.36

Currency: USD/CAD
News: Yesterday, crude oil surged 2.1%
Comment: Bearish
Open: 0.9987
Current Price: 0.9984

Currency: USD/CHF
News: Global equities rose
Comment: Bearish
Open: 1.0517
Current Price: 1.0547

Currency: AUD/USD
News: In April Australia’s inflation expectation rose to 4.1%
Comment: Bullish
Open: 0.9352
Current Price: 0.9339

Currency: NZD/USD
News: In March New Zealand’s business purchasing manager index rose to 56.3 
Comment: Consolidating
Open: 0.7144
Current Price: 0.7147
Due for release today is the USD Unemployment claims, USD TIC Long-Term Purchases, USD Philly Fed Manufacturing Index.