Forex Blog by Greg Secker

FX Report 15th March 2011

Forex Currency: EUR/USD
News:As Moody’s cut Spain’s credit rating to Aa2 from Aa1 with a negative outlook, suppressed the euro.
3 month Comment:Bullish
Open: 1.3986
Price: 1.3949

Forex Currency:GBP/USD
News: The Bank of England kept interest rates at a record low, sending the sterling lower.
3 month Comment:Consolidating
Open: 1.6172
Price: 1.6048

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: 81.67
Price: 80.87

Forex Currency:USD/CAD
News: Loonie fell as Canada’s international merchandise trade data trailed market estimates.
3 month Comment:Consolidating
Open: 0.9735
Price: 0.9865

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: 0.9240
Price: 0.9172

Forex Currency:AUD/USD
News: China unexpectedly posted a trade deficit in February, suppressed the Aussie.
3 month Comment:Bullish
Open: 1.0087
Price: 0.9890

Forex Currency:NZD/USD
News: As U.S. equities fell yesterday, risk aversion picked-up and weakened the Kiwi.
3 month Comment:Consolidating
Open: 0.7391
Price: 0.7300

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