Foreign Exchange Report 20th July 2010
Currency: EUR/USD
News: Strong demand for Spain’s bonds eases concerns on European debt crisis
Comment: Bullish
Open: 1.2946
Latest: 1.2982
Currency: USD/JPY
News: Sluggish Us recovery supports the JPY
Comment: Consolidating
Open: 86.76
Latest: 87.04
Currency: GBP/USD
News: GBP rises on suppressed USD following US Producer prices trailing estimates
Comment: Consolidating
Open: 1.5229
Latest: 1.5283
Currency: USD/CAD
News: CAD manufacturing less than expectations which suppressed the loonie
Comment: Bearish
Open: 1.0543
Latest: 1.0515
Currency: USD/CHF
News: Risk aversion picked up and supported the Swiss Franc
Comment: Consolidating
Open: 1.0543
Latest: 1.0515
Currency: AUD/USD
News: Chinas Industrial production below expectations, triggers AUD lower
Comment: Consolidating
Open: 0.8688
Latest: 0.8778
Currency: NZD/USD
News: NZ CPI less than expected which undermined the KIwi
Comment: Consolidating
Open: .0.7063
Latest: .0.7115
