May 27

Forex Report

Currency: EUR/USD 
News: China may lower its investments in European government
Comment: Consolidating 
Open: 1.2160
Current Price: 1.2283

Currency: GBP/USD 
News: Residential rents increased for the first time in almost two years
Comment: Consolidating 
Open: 1.4374
Current Price: 1.4497

Currency: USD/JPY 
News: Yesterday, global equities slid
Comment: Consolidating 
Open: 89.98
Current Price: 90.34

Currency: USD/CAD 
News: Yesterday, U.S. equities dropped
Comment: Consolidating 
Open: 1.0697
Current Price: 1.0611

Currency: USD/CHF 
News: Yesterday, global equities slid
Comment: Consolidating 
Open: 1.1604
Current Price: 1.1545

Currency: AUD/USD 
News: Yesterday, global equities slid
Comment: Consolidating 
Open: 0.8224
Current Price: 0.8340

Currency: NZD/USD 
News: In March NZ’s trade surplus increased to NZ$656 million from NZ$590
Comment: Consolidating 
Open: 0.6648
Current Price: 0.6711

Due for release today is the GBP CBI Realized Sales, USD Prelim GDP q/q and USD Unemployment Claims.

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May 26

Currency: EUR/USD 
News: Germany proposed partial ban on short selling 
Comment: Consolidating 
Open: 1.2372 
Current Price: 1.2323

Currency: GBP/USD 
News: In Q1 the U.K. economy grew at 0.3%. 
Comment: Consolidating 
Open: 1.4431 
Current Price: 1.4419

Currency: USD/JPY 
News: Yesterday, global equities dropped.
Comment: Consolidating 
Open: 90.31 
Current Price: 90.26

Currency: USD/CAD 
News: Yesterday, U.S. equities and crude oil prices dropped. 
Comment: Consolidating 
Open: 1.0642 
Current Price: 1.0643

Currency: USD/CHF 
News: Yesterday, global equities dropped. 
Comment: Consolidating 
Open: 1.1548 
Current Price: 1.1524

Currency: AUD/USD 
News: Westpac index rose 0.9% 
Comment: Consolidating 
Open: 0.8285 
Current Price: 0.8775

Currency: NZD/USD 
News: Yesterday, equities and crude oil prices retreated.
Comment: Consolidating 
Open: 0.6704 
Current Price: 0.6714

Due for release today is the USD Core Durable Goods Orders m/m, USD New Home Sales and AUD Private Capital Expenditure q/q.

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May 25

Currency: EUR/USD 
News: Bank of Spain takes over Cajasur 
Comment: Consolidating  
Open: 1.2344 
Current Price: 1.2274

Currency: GBP/USD
News: Cameron announces 6 billion pounds of spending cuts 
Comment: Consolidating 
Open: 1.4403 
Current Price: 1.4336

Currency: USD/JPY 
News: Yesterday, global equities dropped 
Comment: Bullish 
Open: 90.26 
Current Price: 89.70

Currency: USD/CAD 
News: Yesterday, us equities retreated
Comment: Consolidating 
Open: 1.0630 
Current Price: 1.0740

Currency: USD/CHF 
News: Bank of Spain takes over Cajasur 
Comment: Consolidating 
Open: 1.1605 
Current Price: 1.1609

Currency: AUD/USD 
News: Yesterday US equities retreated 
Comment: Consolidating 
Open: 0.8243 
Current Price: 0.8125

Currency: NZD/USD 
News: Yesterday, US equities retreated. 
Comment: Consolidating
Open: 0.6703 
Current Price: 0.6620

Due for release today is the GBP Revised GDP q/q, USD CB Consumer Confidence and USD Fed Chairman Bernanke Speaks.

By Ultimate Forex Profits

May 24

Currency: EUR/USD 
News: There has been speculation that the ECB may support the EUR under new measures 
Comment: Bearish 
Open: 1.2511
Current Price: 1.2506

Currency: GBP/USD 
News: BOE rate meeting was unanimous in keeping the QE unchanged
Comment: Consolidating 
Open: 1.4506 
Current Price: 1.4506

Currency: USD/JPY 
News: Global equities dropped 
Comment: Consolidating 
Open: 90.41 
Current Price: 90.39

Currency: USD/CAD 
News: In March Canada whole sales posted a-better-than-expected growth of 1.4%. 
Comment: Bearish 
Open: 1.0555
Current Price: 1.0552

Currency: USD/CHF 
News: Yesterday, global equities slid 
Comment: Consolidating 
Open: 1.1529 
Current Price: 1.1531

Currency:AUD/USD 
News: The forecast inflation rate of Australia was down to 3.6% 
Comment: Consolidating 
Open: 0.8341 
Current Price: 0.8341

Currency: NZD/USD 
News: Global equities fell. 
Comment: Consolidating 
Open: 0.6776 
Current Price: 0.6774

Due for release today is the USD Existing Home Sales and the NZD Inflation Expectations q/q.

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May 20

Forex Exchange Report 20th May 2010

Forex Currency: EUR/USD 
News: There has been speculation that the ECB may support the EUR under new measures 
Comment: Bearish 
Open: 1.2343
Current Price: 1.2344

Forex Currency: GBP/USD 
News: BOE rate meeting was unanimous in keeping the QE unchanged 
Comment: Consolidating 
Open: 1.4344 
Current Price: 1.4341

Forex Currency: USD/JPY 
News: Yesterday, global equities dropped 
Comment: Consolidating 
Open: 91.35 
Current Price: 91.27

Forex Currency: USD/CAD 
News: In March Canada whole sales posted a-better-than-expected growth of 1.4%. 
Comment: Bearish 
Open: 1.0484
Current Price: 1.0497

Forex Currency: USD/CHF 
News: Yesterday, global equities slid 
Comment: Consolidating 
Open: 1.1562 
Current Price: 1.1557

Forex Currency: AUD/USD 
News: The forecast inflation rate of Australia was down to 3.6% 
Comment: Consolidating 
Open: 0.8327 
Current Price: 0.8313

Forex Currency: NZD/USD 
News: Yesterday, global equities fell. 
Comment: Consolidating 
Open: 0.6738 
Current Price: 0.6716
Due for release today is the GBP Retail Sales m/m, USD Unemployment Claims and USD Philly Fed Manufacturing Index.

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May 19

Forex Exchange Report 19th May 2010

Forex Currency: EUR/USD 
News: Germany impose temporary ban on naked short selling 
Comment: Consolidating 
Open: 1.2192 
Current Price: 1.2195

Forex Currency: GBP/USD 
News: In April, U.K. CPI rose 3.7% 
Comment: Consolidating 
Open: 1.4339 
Current Price:1.4346

Forex Currency: USD/JPY 
News: Yesterday, global equities fell
Comment: Consolidating 
Open: 92.04 
Current Price: 92.03

Forex Currency: USD/CAD 
News: CAD attracted lower volatility due to more liquidity flow 
Comment: Bearish 
Open: 1.0416 
Current Price: 1.0415

Forex Currency: USD/CHF 
News: Yesterday, global equities declined 
Comment: Consolidating 
Open: 1.1487 
Current Price: 1.1477

Forex Currency: AUD/USD 
News: Australia’s Westpac Consumer Sentiment Index in May dropped 7%
Comment: Consolidating 
Open: 0.8575 
Current Price: 0.8577

Forex Currency: NZD/USD 
News: The Governor of Reserve Bank of New Zealand expected NZD may gradually depreciate. 
Comment: Consolidating 
Open: 0.6887 
Current Price:0.6889

Due for release today is the CAD CPI m/m, USD Core CPI m/m, USD FOMC Meeting Minutes, JPY Prelim GDP q/q and NZD Annual Budget Release.

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May 18

Forex Exchange Report 18th May 2010

Forex Currency: EUR/USD 
News: ECB announced to offer measures that will absorb excess liquidity 
Comment: Consolidating 
Open: 1.2350 
Current Price: 1.2357

Forex Currency: GBP/USD 
News: U.K Rightmove house price index rose 0.7% 
Comment: Consolidating 
Open: 1.4402
Current Price: 1.4457

Forex Currency: USD/JPY 
News: Yesterday, market risks reduced 
Comment: Consolidating 
Open: 92.53 
Current Price: 92.56

Forex Currency: USD/CAD 
News: CAD attracted more liquidity inflow 
Comment: Bearish 
Open: 1.0311 
Current Price: 1.0310

Forex Currency: USD/CHF 
News: Investors relieved over ECB announcement 
Comment: Consolidating 
Open: 1.1340 
Current Price: 1.1337

Forex Currency: AUD/USD 
News: Yesterday, China’s equities dropped 5% 
Comment: Consolidating 
Open: 0.8737 
Current Price: 0.8742

Forex Currency: NZD/USD 
News: New Zealand’s first-quarter producer output prices rose 1.8% 
Comment: Consolidating 
Open: 0.6972 
Current Price: 0.6974
Due for release today is the GBP CPI y/y, EUR German ZEW Economic Sentiment, GBP BOE Inflation Letter, USD Buildings Permits, USD PPI m/m and the NZD RBNZ Financial Stability Report.

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May 17

Forex Currency: EUR/USD 
News: Spain’s trade union will have a strike of public sector workers in June  
Comment: Consolidating 
Open: 1.2360 
Current Price: 1.2293

Forex Currency: GBP/USD 
News: In March U.K. Trade deficit widened 
Comment: Consolidating 
Open: 1.4533 
Current Price: 1.4388

Forex Currency: USD/JPY 
News: Yesterday, global equities retreated 
Comment: Consolidating 
Open: 92.44 
Current Price: 92.08

Forex Currency: USD/CAD 
News: Yesterday, U.S equities and crude oil prices retreated 
Comment: Bearish 
Open: 1.0351 
Current Price: 1.0378

Forex Currency: USD/CHF 
News: Investors are concerned that the fiscal deficit reduction plan may affect the Euro area’s economic growth 
Comment: Consolidating 
Open: 1.1331 
Current Price: 1.1394

Forex Currency: AUD/USD 
News: In April, Australia’s employment gained 33,700 jobs 
Comment: Consolidating 
Open:0.8862 
Current Price: 0.8774

Forex Currency: NZD/USD 
News: In March, New Zealand retail sales rose by 0.5% 
Comment: Consolidating 
Open: 0.7069 
Current Price: 0.7015
Due for release today is the USD TIC Long-term purchases, CHF SNB Chairman Hildebrand Speaks and the AUD Monetary Policy Meetings Minutes.

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May 14

Forex Exchange Report 14th May 2010

Forex Currency: EUR/USD 
News: Spain’s trade union will have a strike of public sector workers in June  
Comment: Consolidating 
Open: 1.2527 
Current Price: 1.2530

Forex Currency: GBP/USD 
News: In March, U.K. Trade deficit widened 
Comment: Consolidating 
Open: 1.4566 
Current Price: 1.4566

Forex Currency: USD/JPY 
News: Yesterday, global equities retreated 
Comment: Consolidating 
Open: 92.76 
Current Price: 92.78

Forex Currency: USD/CAD 
News: Yesterday, U.S equities and crude oil prices retreated 
Comment:Bearish 
Open: 1.0227 
Current Price: 1.0227

Forex Currency: USD/CHF 
News: Investors are concerned that the fiscal deficit reduction plan may affect the Euro area’s economic growth 
Comment: Consolidating 
Open: 1.1179 
Current Price: 1.1178

Forex Currency: AUD/USD 
News: In April Australia’s employment gained 33,700 jobs 
Comment: Consolidating 
Open: 0.8940 
Current Price: 0.8943

Forex Currency: NZD/USD 
News: In March, New Zealand retail sales rose by 0.5% 
Comment: Consolidating 
Open: 0.7119 
Current Price: 0.7124

Due for release today is the USD Core Retail Sales, USD Retail Sales m/m and USD Prelim UoM Consumer Sentiment.

May 13

Foreign Exchange Report 13th May 2010

Forex Currency: EUR/USD 
News: There is increasing concerns on Euro area economic growth. 
Comment: Consolidating 
Open: 1.2668 
Current Price: 1.2669

Forex Currency: GBP/USD 
News: BOE has stated that risks to the UK economic recovery have  increased. 
Comment: Consolidating 
Open: 1.4827 
Current Price: 1.4870

Forex Currency: USD/JPY 
News: Yesterday, global equities surged. 
Comment: Consolidating 
Open: 93.30 
Current Price: 93.38

Forex Currency: USD/CAD 
News: Yesterday, global equities surged. 
Comment: Bearish 
Open: 1.0136 
Current Price: 1.0134

Forex Currency: USD/CHF 
News: Yesterday, U.S. equities and commodity prices rose. 
Comment: Consolidating 
Open: 1.1098 
Current Price: 1.1096

Forex Currency: AUD/USD 
News: Investors were concerned that China may lift rates 
Comment: Consolidating 
Open: 0.9007 
Current Price: 0.9013

Forex Currency: NZD/USD 
News: Euro area economic growth may hinder the fiscal deficit plan. 
Comment: Consolidating 
Open: 0.7176 
Current Price: 0.7180

Due for release is GBP Trade Balance, USD Unemployment Claims, USD Fed Chairman Bernanke Speaks, NZD Retail Sales m/m.

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