Forex Report 22nd July 2010
Currency: EUR/USD
News: Federal Reserve Chairman Ben Bernanke said the US economic recovery may be unusually uncertain which triggered the Euro lower.
Comment: Bullish
Open: 1.2754
Current Price: 1.2763
Currency: USD/JPY
News: As global equities and oil prices retreated yesterday, market risk picked-up and suppressed the Japanese Yen
Comment: Bearish
Open: 86.96
Current Price: 86.50
Currency: GBP/USD
News: Investors expect the Bank of England may not raise rates this year, which undermined the pound.
Comment: Consolidating
Open: 1.5168
Current Price: 1.5174
Currency: USD/CHF
News: As global equities and oil prices retreated yesterday, market risk picked-up and supported the Swiss franc.
Comment: Consolidating
Open: 1.0505
Lattest: 1.0473
Currency: USD/CAD
News: The oil prices retreated yesterday and weakened the loonie.
Comment: Bearish
Open: 1.0489
Current Price: 1.0476
Currency: AUD/USD
News: As global equities and oil prices retreated yesterday, market risk picked-up and suppressed the Aussie
Comment:Consolidating AUD
Open: 0.8764
Current Price: 0.8772
Currency: NZD
News: As global equities and oil prices retreated yesterday, market risk picked-up and suppressed the Kiwi.
Comment: Consolidating
Open: 0.7114
Current Price: 0.7145
