Feb 11
Forex Report 11th February 2011
Forex Currency: EUR/USD
News: As the U.S. initial jobless claims unexpectedly fell, USD gained support and triggered euro lower.
3 month Comment: Consolidating
Open: 1.3602
Price: 1.3552
Forex Currency: GBP/USD
News: While Bank of England announced to keep interest rate unchanged yesterday, investors speculated that the central bank may hike rate earlier, limited sterling’s downside
3 month Comment: Bearish
Open: 1.6096
Price: 1.6068
Forex Currency: USD/JPY
News: Japanese yen’s was undermined as investors concern political tension might rise.
3 month Comment: Bearish
Open: 83.22
Price: 83.49
Forex Currency: USD/CAD
News: The Loonie was supported as crude oil price stabilized yesterday.
3 month Comment: Bullish
Open: 0.9950
Price: 0.9960
Forex Currency: USD/CHF
News: The swiss franc’s downside was limited as market risk surged amid global equities fell yesterday.
3 month Comment: Consolidating
Open: 0.9685
Price: 0.9707
Forex Currency: AUD/USD
News: The Aussie was suppressed as the Reserve Bank of Australia governor stated that it is appropriate to maintain the interest rate at current level.
3 month Comment: Bearish
Open: 1.0043
Price: 0.9982
Forex Currency: NZD/USD
News: NZD was suppressed as market risk surged amid global equities fell yesterday.
3 month Comment: Bearish
Open: 0.7642
Price: 0.7579
Tagged with: Bank of England • EUR • Forex • NZD • USD
Feb 09
Forex Market Report 9th February 2011
Forex Currency:EUR/USD
News: The Euro was supported as the USD was undermined by the U.S. Fed’s rate statement with economic view being less optimistic than expected.
3 month comment: Consolidating
Open: 1.3624
Close: 1.3666
Forex Currency:GBP/USD
News: The pound was supported as the previous rate minutes of Bank of England showed two members voted for a rate hike
3 month comment: Bearish
Open: 1.6067
Close: 1.6066
Forex Currency:USD/JPY
News: The yen’s upside was limited as the Treasury yield rose yesterday and the U.S.-Japan yield gap widened.
3 month comment: Bearish
Open: 82.34
Close: 82.45
Forex Currency:USD/CAD
News: The Loonie was strengthened as crude oil bounced back sharply yestesrday.
3 month comment: Bullish
Open: 0.9950
Close: 0.9942
Forex Currency:USD/CHF
News: The swiss franc was weakened as both global equities and commodity prices rebounded yesterday.
3 month comment: Consolidating
Open: 0.9628
Close: 0.9624
Forex Currency:AUD/USD
News: The Aussie was supported as both global equities and commodity prices rebounded yesterday.
3 month comment: Bearish
Open: 1.0145
Close: 1.0107
Forex Currency:NZD/USD
News: The Kiwi was underpinned by the rate statement of the New Zealand’s central bank that the economic view was more positive than the previous.
3 month comment: Bearish
Open: 0.7749
Close: 0.7720
Tagged with: Foreign Exchange • Forex • GBP • Oil • USD • Yen
Feb 08
Forex Market Report 8th February 2011
Forex Currency:EUR/USD
News:The Euro was supported as the USD was undermined by the U.S. Fed’s rate statement with economic view being less optimistic than expected.
3 month Comment:Consolidating
Open:1.3581
Price:1.3640
Forex Currency:GBP/USD
News:The pound was supported as the previous rate minutes of Bank of England showed two members voted for a rate hike
3 month Comment:Bearish
Open:1.6107
Price:1.6160
Forex Currency:USD/JPY
News:The yen’s upside was limited as the Treasury yield rose yesterday and the U.S.-Japan yield gap widened.
3 month Comment:Bearish
Open:82.31
Price:82.20
Forex Currency:USD/CAD
News:The Loonie was strengthened as crude oil bounced back sharply yestesrday.
3 month Comment:Bullish
Open:0.9906
Price:0.9892
Forex Currency:USD/CHF
News:The swiss franc was weakened as both global equities and commodity prices rebounded yesterday.
3 month Comment:Consolidating
Open:0.9554
Price:0.9532
Forex Currency:AUD/USD
News:The Aussie was supported as both global equities and commodity prices rebounded yesterday.
3 month Comment:Bearish
Open:1.0133
Price:1.0157
Forex Currency:NZD/USD
News:The Kiwi was underpinned by the rate statement of the New Zealand’s central bank that the economic view was more positive than the previous.
3 month Comment:Bearish
Open:0.7698
Price:0.7777
Tagged with: EUR • Forex • Forex Currency • Forex Market • NZD • USD
Feb 04
Forex Currency:EUR/USD
News:The Euro was supported as the USD was undermined by the U.S. Fed’s rate statement with economic view being less optimistic than expected.
3 month Comment:Consolidating
Open:1.3809
Price:1.3618
Forex Currency:GBP/USD
News:The pound was supported as the previous rate minutes of Bank of England showed two members voted for a rate hike
3 month Comment:Bearish
Open:1.6136
Price:1.6154
Forex Currency:USD/JPY
News:The yen’s upside was limited as the Treasury yield rose yesterday and the U.S.-Japan yield gap widened.
3 month Comment:Bearish
Open:81.61
Price:81.59
Forex Currency:USD/CAD
News:The Loonie was strengthened as crude oil bounced back sharply yestesrday.
3 month Comment:Bullish
Open:0.9908
Price:0.9905
Forex Currency:USD/CHF
News:The swiss franc was weakened as both global equities and commodity prices rebounded yesterday.
3 month Comment:Consolidating
Open:0.9454
Price:0.9469
Forex Currency:AUD/USD
News:The Aussie was supported as both global equities and commodity prices rebounded yesterday.
3 month Comment:Bearish
Open:1.0149
Price:1.0185
Forex Currency:NZD/USD
News:The Kiwi was underpinned by the rate statement of the New Zealand’s central bank that the economic view was more positive than the previous.
3 month Comment:Bearish
Open:0.7732
Price:0.7725
Feb 02
Forex Market Reports 2nd February 2011
EUR/USD
News: The Euro was supported as the USD was undermined by the U.S. Fed’s rate statement with economic view being less optimistic than expected.
3 month comment: Consolidating
Open: 1.3827
Close: 1.3829
GBP/USD
News: The pound was supported as the previous rate minutes of Bank of England showed two members voted for a rate hike
3 month comment: Bearish
Open: 1.6139
Close: 1.6221
USD/JPY
News: The yen’s upside was limited as the Treasury yield rose yesterday and the U.S.-Japan yield gap widened.
3 month comment: Bearish
Open: 82.34
Close: 81.42
USD/CAD
News: The Loonie was strengthened as crude oil bounced back sharply yestesrday.
3 month comment: Bullish
Open: 0.9900
Close: 0.9875
USD/CHF
News: The swiss franc was weakened as both global equities and commodity prices rebounded yesterday.
3 month comment: Consolidating
Open: 0.9351
Close: 0.9354
AUD/USD
News: The Aussie was supported as both global equities and commodity prices rebounded yesterday.
3 month comment: Bearish
Open: 1.0109
Close: 1.0107
NZD/USD
News: The Kiwi was underpinned by the rate statement of the New Zealand’s central bank that the economic view was more positive than the previous.
3 month comment: Bearish
Open: 0.7809
Close: 0.7815
Tagged with: EUR • Forex • USD
