Forex Blog by Greg Secker

Forex Currency: EUR/USD
News:As Portugal successfully sold 1 billion euros of 2 year bond at auction, limited the euro’s downside.
3 month Comment:Bullish
Open: 1.3797
Price: 1.3786

Forex Currency:GBP/USD
News: The Pound was supported as U.K. trade deficit narrowed in January.
3 month Comment:Consolidating
Open: 1.6058
Price: 1.6008

Forex Currency:USD/JPY
News: As U.S. equities fell yesterday, risk aversion picked-up and limited the downside of the Japanese yen.
3 month Comment:Consolidating
Open: 82.96
Price: 82.10

Forex Currency:USD/CAD
News: CAD was supported as Canada’s new housing price index rose 0.2% in January, topped market estimates.
3 month Comment:Consolidating
Open: 0.9756
Price: 0.9792

Forex Currency:USD/CHF
News: As unrest in Libya intensified, risk aversion picked-up and the swiss franc gained supported.
3 month Comment:Consolidating
Open: 0.9319
Price: 0.9314

Forex Currency:AUD/USD
News: AUD weakened as Australia’s employment fell by 10,100 in February, trailed market estimates.
3 month Comment:Bullish
Open: 1.0004
Price: 1.0014

Forex Currency:NZD/USD
News: NZD fell as the Reserve Bank of New Zealand cut interest rate by 50 basis points this morning.
3 month Comment:Consolidating
Open: 0.7352
Price: 0.7382