Dec 02
Forex Currency: EUR/USD
News: The euro rose against most of its major counterparts on speculation European Central Bank policy makers will signal tomorrow their willingness to act to prevent the spread of the region’s debt crisis.
3 Month Comment: Bearish
Open:1.3138
Price:1.3188
Forex Currency: GBP/USD
News: Sterling fell against the dollar for the 8th consecutive day due to news that House prices could fall another 5% in fear of government budget cuts
3 Month Comment: Bearish
Open:1.5619
Price:1.5649
Forex Currency: USD/JPY
News:The yen may strengthen to 81.19 per dollar if the Japanese currency can move through the top line of an ichimoku cloud, according to Royal Bank of Canada.
3 Month Comment: Bullish
Open:84.17
Price:84.13
Forex Currency: USD/CHF
News: The Swissy rallied yesterday due to dollar strength
3 Month Comment: Bullish
Open:1.0021
Price:1.0006
Forex Currency: USD/CAD
News: Canada’s dollar fell to the lowest level in a month versus the greenback after a government report showed the nation’s economy expanded at a slower pace in the third quarter than economists forecast.
3 Month Comment: Consolidating
Open:1.0168
Price:1.0133
Forex Currency: NZD/USD
News: The Kiwi traded near a 10-week low on the back of Australias poor growth figures
3 Month Comment: Bearish
Open:0.7487
Price:0.7525
Forex Currency: AUD/USD
News: Australia’s dollar traded near a 10- week low versus the greenback after a government report showed the economy grew at half the pace that analysts forecast in the third quarter.
3 Month Comment: Bearish
Open:0.9682
Price:0.9685
Tagged with: Canada • Euro • Foreign Exchange • Forex • Japan • the dollar • the kiwi
Nov 25
25th November 2010 FX Report
Forex Currency:EUR/USD
News: The Euro resumed its upside as investors expected the Irish concern may soon be settled.
3 month comment: Consolidating
Open: 1.3333
Price: 1.3322
Forex Currency:GBP/USD
News: The pound was supported as the U.K. retail sales was up by 0.5% in October, topped the estimates.
3 month comment: Consolidating
Open: 1.5770
Price: 1.5778
Forex Currency:USD/JPY
News: As global equities and commodity prices rebounded yesterday and market risks fell, the yen was suppressed.
3 month comment: Consolidating
Open: 83.53
Price: 83.54
Forex Currency:USD/CAD
News: The Loonie was supported as Canada’s leading index rose 0.2% in October, topped the forecasts.
3 month comment: Consolidating
Open: 1.0097
Price: 1.0097
Forex Currency:USD/CHF
News: As global equities rebounded yesterday and market risks fell, the CHF was undermined.
3 month comment: Consolidating
Open: 0.9956
Price: 0.9995
Forex Currency:AUD/USD
News: As global equities rebounded yesterday and market risks fell, the Aussie was underpinned.
3 month comment: Consolidating
Open: 0.9816
Price: 0.9816
Forex Currency:NZD/USD
News: The Kiwi was strengthened as New Zealand’s consumer price index climbed to 114.5 in November.
3 month contract: Consolidating
Open: 0.7599
Price: 0.7608
Tagged with: Canada • consumer price index • Global Equities • irish • new zealand • retail sales • the euro • the kiwi
Sep 09
Foreign Exchange Report 9th September 2010
Forex Currency: EUR/USD
News: Portuguese and Poland’s bond auction drew stronger
than expected demand, eased concern on European debt crisis, which stabilized the euro.
3 month Comment:Consolidating
Open:1.2723
Price:1.2685
Forex Currency:GBP/USD
News: As U.K. manufacturing expanded for a third month in July, which supported the pound.
3 month Comment:Bearish
Open:1.5472
Price:1.5423
Forex Currency:USD/JPY
News: As global equities surged yesterday, market risk
receded and limited the upside of the yen.
3 month Comment:Consolidating
Open:83.86
Price:83.72
Forex Currency:USD/CAD
News: Bank of Canada increased interest rate by 25 basis
points to 1% yesterday, and underpinned the Loonie.
3 month Comment:Bearish
Open:1.0368
Price:1.0373
Forex Currency:USD/CHF
News: As global equities surged yesterday, market risk
receded and limited the upside of the swiss franc.
3 month Comment:Consolidating
Open:1.0110
Price:1.0110
Forex Currency:AUD/USD
News: As U.S. equities and crude oil prices surged yesterday,
risk appetite picked-up and supported the AUD
3 month Comment:Bullish
Open:0.9184
Price:0.9214
Forex Currency:NZD/USD
News: As U.S. equities and crude oil prices surged yesterday,
risk appetite picked-up and supported the NZD.
3 month Comment:Bullish
Open:0.7228
Price:0.7217
Tagged with: Canada • Forex • Oil
Jul 26
Forex Market Report 26th July 2010
Currency: EUR/USD
News: German service PMI rose from 54.8 to 57.3 in July, the highest in almost three years, which supported the euro.
Comment: Bullish
Open: 1.2902
Current Price: 1.2939
Currency: USD/JPY
News: As global equities and oil prices surged yesterday, risk appetite picked-up and limited the upside of the Japanese yen.
Comment: Bearish
Open: 87.41
Current Price: 87.37
Currency: GBP/USD
News: U.K. retail sales climbed 0.7% (M/M) in June, topped market estimates, and supported the pound.
Comment: Consolidating
Open: 1.5417
Current Price: 1.5472
Currency: USD/CHF
News: As global equities and oil prices surged, market risk picked-up and supported the Swiss franc.
Comment: Consolidating
Open: 1.0545
Current Price: 1.0517
Currency: USD/CAD
News: Canada retail sales unexpectedly dropped 0.2% (M/M) in May, trailed market estimates, which limited the upside of the Canadian dollar.
Comment: Bearish
Open: 1.0357
Current Price: 1.0350
Currency: AUD/USD
News: As U.S. corporate earnings results were better-than expected, risk appetite picked-up and favored the high-yielders like Aussie.
Comment:Consolidating AUD
Open: 0.8952
Current Price: 0.8980
Currency: NZD
News: As speculation the Reserve Bank of New Zealand may hike rate by 25 bps in next Thursday, spurred interest rate expectation and supported the Kiwi.
Comment: Consolidating
Open: 0.7273
Current Price: 0.7294
Tagged with: Canada • Forex • German • Oil • Swiss
Jul 14
Forex Currency: EUR/USD
News: In May, the U.S. trade deficit widened to $42.3 billion in May.
Comment: Bullish
Open: 1.2727
Current Price: 1.2706
Forex Currency: GBP/USD
News: In June, U.K. inflation rate soared to 3.2% (YoY)
Comment: Consolidating
Open: 1.5177
Current Price: 1.5198
Forex Currency: USD/JPY
News: Yesterday, U.S. equities and crude oil prices surged.
Comment:Consolidating
Open: 88.67
Current Price: 88.96
Forex Currency: USD/CAD
News: In May, Canada’s recorded a trade deficit of C$503 million
Comment:Bearish
Open: 1.0308
Current Price: 1.0311
Forex Currency: USD/CHF
News: Yesterday, U.S. equities and crude oil prices surged
Comment:Consolidating
Open: 1.0543
Current Price: 1.0602
Forex Currency: AUD/USD
News: In July, Australia’s Westpac consumer confidence rose 11.1%.
Comment:Consolidating
Open: 0.8834
Current Price: 0.8818
Forex Currency: NZD/USD
News: In May, New Zealand’s retail sales rose 0.4% (MoM)
Comment:Consolidating
Open: 0.7195
Current Price: 0.7172
Due for release today is the GBP Claimant Count Change, USD Core Retail Sales, USD Retail Sales m/m, USD FOMC Meeting Minutes, CNY CPI y/y, CNY GDP y/y and CNY GDP q/y.
Tagged with: Canada • currency • Foreign Exchange • Forex
