Foreign Exchange Report 22nd June 2010
Forex Currency: EUR/USD
News: Yesterday, Fitch Ratings cut a major French bank’scredit rating
Comment: Consolidating
Open: 1.2321
Current Price: 1.2312
Forex Currency: GBP/USD
News: Yesterday, Fitch Ratings cut a major French bank’s credit rating
Comment:Consolidating
Open:1.4757
Current Price:1.4742
Forex Currency: USD/JPY
News: Yesterday, global equities surged and market risk receded.
Comment:Consolidating
Open:91.00
Current Price:90.81
Forex Currency: USD/CAD
News: Yesterday, crude oil prices rose.
Comment:Bearish
Open:1.0233
Current Price:1.0230
Forex Currency: USD/CHF
News: Yesterday, global equities surged and market risk receded.
Comment:Consolidating
Open:1.1116
Current Price:1.1108
Forex Currency: AUD/USD
News: The People’s Bank of China announced to allow a more flexible currency rate.
Comment:Bullish
Open:0.8760
0.8773
Forex Currency: NZD/USD
News: Yesterday, global equities surged and market risk receded.
Comment:Bullish
Open:0.7080
Current Price:0.7075
Due for release today is the EUR German Ifo Business Climate, GBP Annual Budget Release, USD Existing Home Sales and NZD Current Account.
