Forex Report 8th June 2010
Forex Currency: EUR/USD
News: In May, the ISM U.S. non-manufacturing index held at 55.4, expanding for a fifth month.
Comment: Bearish
Open: 1.1914
Current Price 1.1954
Forex Currency: GBP/USD
News: The Yen weakened due to speculation of Prime Minister Yukio Hatoyama being succeeded by Finance MinisterNaoto Kan
Comment: Consolidating
Open: 1.4621
Current Price1.4487
Forex Currency: USD/JPY
News: In May, U.K. nationwide housing prices rose 9.8% (YoY), topped market estimates.
Comment: Consolidating
Open: 91.46
Current Price: 91.76
Forex Currency: USD/CAD
News: Yesterday, U.S. equities and crude oil prices advanced.
Comment: Consolidating
Open: 1.0607
Current Price: 1.0553
Forex Currency: USD/CHF
News: Yesterday, U.S. equities and crude oil prices advanced.
Comment: Consolidating
Open: 1.1632
Current Price: 1.1619
Forex Currency: AUD/USD
News: In April, Australia unexpectedly recorded AUD 134 million of trade surplus in April.
Comment: Consolidating
Open: 0.8092
Current Price: 0.8185
Forex Currency: NZD/USD
News: Yesterday, U.S. equities and crude oil prices advanced.
Comment: Consolidating
Open: 0.6585
Current Price: 0.6631
Due for release today is the CAD Housing Starts and AUD Home Loans m/m.
