Forex Market Report 15th June 2010
Forex Currency: EUR/USD
News: Moody’s lowered Greece’s credit rating to non-investment grade.
Comment: Bearish
Open: 1.2213
Current Price: 1.2175
Forex Currency:GBP/USD
News: Speculation that the BOE will raise interest rates.
Comment: Consolidating
Open: 1.4732
Current Price: 1.4711
Forex Currency:USD/JPY
News: Moody’s lowered Greece’s credit rating to non-investment grade.
Comment: Consolidating
Open: 91.62
Current Price: 91.15
Forex Currency:USD/CAD
News: The mix performance of crude oil prices and U.S.equities limited the loonie.
Comment: Consolidating
Open: 1.0330
Current Price: 1.0327
Forex Currency:USD/CHF
News: In May, Switzerland’s producer and import prices rose 1.4%.
Comment: Consolidating
Open: 1.1428
Current Price: 1.1457
Forex Currency:AUD/USD
News: Mixed performance of crude oil prices and U.S.Equities.
Comment: Bullish
Open: 0.8581
Current Price: 0.8516
Forex Currency:NZD/USD
News: In May, REINZ house sales dropped 17.2% (YoY).
Comment: Bullish
Open: 0.6942
Current Price: 0.6901
Due for release today is the JPY BOJ Press Conference, GBP CPI y/y, EUR German ZEW Economic Sentiment, GBP Inflation Report Hearings and USD TIC Long-Term Purchases.
