Mar 15

At 0410 GMT today, the GBP is trading 0.4% lower against the USD at $1.6109, 0.2% higher against the EUR at €1.1577 and 0.7% lower against the JPY at ¥131.43.

Experiences 73 Comments »


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

Tagged with: • • • • •
Mar 11

At 0400 GMT today, the GBP is trading 0.1% higher against the USD at $1.6072, 0.1% lower against the EUR at €1.1627 and 0.1% lower against the JPY at ¥ 133.10.

Experiences 1 Comment »


FX Report 11th March 2011

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

Tagged with: • • • • • • • • • •
Mar 10

The Pound was supported as U.K. trade deficit narrowed in January. FTSEurofirst 300 index dropped 0.2% to close at 1,144.8.

Experiences 65 Comments »


FX Report 10th March 2011

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: 1.3907
Price: 1.3820

Forex Currency:GBP/USD
News: The Pound was supported as U.K. trade deficit narrowed in January.
3 month Comment:Consolidating
Open: 1.6200
Price: 1.6135

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: 82.72
Price: 82.97

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: 0.9679
Price: 0.9701

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: 0.9293
Price: 0.9333

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: 1.0105
Price: 1.0028

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: 0.7364
Price: 0.7351

Tagged with: • • • • • • • •
Mar 09

The Pound was supported as the Bank of England’s previous rate minutes showed three members were in favor of rate hike.

Experiences 100 Comments »


FX Report 9th March 2011

Forex Currency: EUR/USD
News:As European Central Bank President Trichet reiterated his inflation concern yesterday, the Euro was supported.
3 month Comment:Bullish
Open:1.3903
Price:1.3923

Forex Currency:GBP/USD
News:The Pound was supported as the Bank of England’s previous rate minutes showed three members were in favor of rate hike.
3 month Comment:Consolidating
Open:1.6159
Price:1.6211

Forex Currency:USD/JPY

News:Market risk picked-up amid escalating violence in Middle East, prompted lquidity flew to yen as a safe hav-en and supported the yen.
3 month Comment:Consolidating
Open:82.62
Price:82.72

Forex Currency:USD/CAD

News:The Loonie was strengthened as crude oil surged 4520y4107terday.omment:Consolidating
Open:0.9709
Price:0.9677

Forex Currency:USD/CHF
News:Market risk picked-up amid escalating violence in Middle East, prompted liquidity flew to swiss franc as a safe haven and supported the swiss franc.
3 month Comment:Consolidating
Open:0.9350
Price:0.9280

Forex Currency:AUD/USD
News:The Aussie was supported as Australia’s leading index rose 0.7% in December.
3 month Comment:Bullish
Open:1.0097
Price:1.0110

Forex Currency:NZD/USD
News:The Kiwi underperformed on expectation that the Reserve Bank of New Zealand may cut the interest rate.
3 month Comment:Consolidating
Open:0.7391
Price:0.7403

Tagged with: • • • •
Mar 07

Experiences 113 Comments »


Forex Report 7th March 2011

Forex Currency: EUR/USD
News: As European Central Bank President Trichet reiterated his inflation concern yesterday, the Euro was supported.
3 month Comment: Bullish
Open: 1.3985
Price: 1.4030

Forex Currency: GBP/USD
News:The Pound was supported as the Bank of England’s previous rate minutes showed three members were in favor of rate hike.
3 month Comment: Consolidating
Open: 1.6267
Price: 1.6321

Forex Currency: USD/JPY
News: Market risk picked-up amid escalating violence in Middle East, prompted lquidity flew to yen as a safe hav-en and supported the yen.
3 month Comment:Consolidating
Open: 82.26
Price: 82.08

Forex Currency:USD/CAD
News:The Loonie was strengthened as crude oil surged
3 month Comment: Consolidating
Open: 0.9734
Price: 0.9708

Forex Currency:USD/CHF
News: Market risk picked-up amid escalating violence in Middle East, prompted liquidity flew to swiss franc as a safe haven and supported the swiss franc.
3 month Comment: Consolidating
Open: 0.9243
Price: 0.9255

Forex Currency: AUD/USD
News:The Aussie was supported as Australia’s leading index rose 0.7% in December.
3 month Comment:Bullish
Open:1.0136
Price:1.0159

Forex Currency:NZD/USD
News:The Kiwi underperformed on expectation that the Reserve Bank of New Zealand may cut the interest rate.
3 month Comment: Consolidating
Open: 0.7380
Price: 0.7383

Tagged with: • • • • • • •
Mar 02

At 0400 GMT today, the GBP is trading 0.1% lower against the USD at $1.6235, marginally lower against the EUR at €1.1802 and 0.1% lower against the JPY at ¥132.98

Experiences 60 Comments »

Forex Report 2nd March 2011

Forex Currency: EUR/USD
News: As European Central Bank President Trichet reiterated his inflation concern yesterday, the Euro was supported.
3 month Comment: Bullish
Open:1.3775
Price: 1.3813

Forex Currency: GBP/USD
News: The Pound was supported as the Bank of England’s previous rate minutes showed three members were in favor of rate hike.
3 month Comment: Consolidating
Open: 1.6263
Price: 1.6289

Forex Currency: USD/JPY
News: Market risk picked-up amid escalating violence in Middle East, prompted lquidity flew to yen as a safe hav-en and supported the yen.
3 month Comment: Consolidating
Open: 81.83
Price: 82.01

Forex Currency: USD/CAD
News: The Loonie was strengthened as crude oil surged
3 months Comment: Consolidating
Open :0.9745
Price: 0.9738

Forex Currency: USD/CHF
News: Market risk picked-up amid escalating violence in Middle East, prompted liquidity flew to swiss franc as a safe haven and supported the swiss franc.
3 month Comment: Consolidating
Open: 0.9283
Price: 0.9265

Forex Currency: AUD/USD
News:The Aussie was supported as Australia’s leading index rose 0.7% in December.
3 month Comment: Bullish
Open: 1.0131
Price: 1.0137

Forex Currency: NZD/USD
News: The Kiwi underperformed on expectation that the Reserve Bank of New Zealand may cut the interest rate.
3 month Comment: Consolidating
Open: 0.7469
Price :0.7409

Tagged with: • • • • • • •
Feb 25

The Aussie was supported as Australia’s leading index rose 0.7% in December

Experiences 1 Comment »


Forex Report 25th February 2011

Forex Currency: EUR/USD
News:As European Central Bank President Trichet reiterated his inflation concern yesterday, the Euro was supported.
3 month Comment: Bullish
Open: 1.3798
Price: 1.3776

Forex Currency: GBP/USD
News:The Pound was supported as the Bank of England’s previous rate minutes showed three members were in favor of rate hike.
3 month Comment: Consolidating
Open: 1.6135
Price: 1.6070

Forex Currency: USD/JPY
News:Market risk picked-up amid escalating violence in Middle East, prompted liquidity flew to yen as a safe haven and supported the yen.
3 month Comment: Consolidating
Open: 81.88
Price: 81.85

Forex Currency: USD/CAD
News:The Loonie was strengthened as crude oil surged yesterday.
3 month Comment: Consolidating
Open: 0.9824
Price: 0.9816

Forex Currency: USD/CHF
News: Market risk picked-up amid escalating violence in Middle East, prompted liquidity flew to swiss franc as a safe haven and supported the swiss franc.
3 month Comment: Consolidating
Open: 0.9261
Price: 0.9275

Forex Currency: AUD/USD
News:The Aussie was supported as Australia’s leading index rose 0.7% in December.
3 month Comment: Bullish
Open: 1.0086
Price: 1.0119

Forex Currency: NZD/USD
News:The Kiwi underperformed on expectation that the Reserve Bank of New Zealand may cut the interest rate.
3 month Comment: Consolidating
Open: 0.7472
Price: 0.7489

Tagged with: • • • • • • • •
Feb 16

At 0410 GMT today, the GBP is trading 0.1% higher against the USD at $1.6157, 0.1% lower against the EUR at €1.1944 and 0.2% higher against the JPY at ¥135.30

Experiences 1 Comment »


Forex Report 16th February 2011

Forex Currency: EUR/USD
News: The euro weakened as U.S. retail sales rose 0.3% only in January, trailed market estimates.
3 month Comment: Consolidating
Open: 1.3485
Price: 1.3548

Forex Currency: GBP/USD
News: U.K. consumer price index rose 4.0% (YoY) in January, and GBP gained support.
3 month Comment: Bearish
Open: 1.6123
Price: 1.6126

Forex Currency: USD/JPY
News: Japanese yen’s downside was limited as global equities retreated yesterday, risk aversion picked-up.
3 month Comment: Bearish
Open: 83.76
Price: 83.61

Forex Currency: USD/CAD
News: The Loonie was slightly suppressed as crude oil price retreated yesterday.
3 month Comment: Bullish
Open: 0.9896
Price: 0.9866

Forex Currency: USD/CHF
News: The swiss franc’s downside was limited as global equities retreated yesterday, risk aversion picked-up.
3 month Comment: Consolidating
Open: 0.9666
Price: 0.9619

Forex Currency: AUD/USD
News: The Aussie was suppressed yesterday as globalequities retreated yesterday, risk aversion picked-up.
3 month Comment: Bearish
Open: 0.9962
Price: 0.9994

Forex Currency: NZD/USD
News: The Kiwi was suppressed yesterday as global equities retreated yesterday, risk aversion picked-up.
3 month Comment: Bearish
Open: 0.7515
Price: 0.7539

Tagged with: • • • • • • •
Feb 01

Forex report, 1st February

Experiences No Comments »

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: 1.3693
Price: 1.3747

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: 1.6010
Price: 1.6106

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: 82.01
Price: 81.61

Currency: USD/CAD
News: The Loonie was strengthened as crude oil bounced back sharply yestesrday.
3 month comment: Bullish
Open: 1.0007
Price: 0.9974

Currency: USD/CHF
News: The swiss franc was weakened as both global equities and commodity prices rebounded yesterday.
3 month comment: Consolidating
Open: 0.9437
Price: 0.9411

Currency: AUD/USD
News: The Aussie was supported as both global equities and commodity prices rebounded yesterday.
3 month comment: Bearish
Open: 0.9937
Price: 0.9972

Currency: NZD/USD
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.
Bearish
0.7726
0.7763

Tagged with: • • •
Jan 14

Forex report, 14th January

Experiences No Comments »

Forex Currency:EUR/USD
News:The Euro was suppressed as the USD was driven up after the U.S. ADP employment growth saw a record high at 297,000 in December.
3 month Comment:Consolidating
Open:1.3363
Price:1.3365

Forex Currency:GBP/USD
News:The pound was undermined as U.K. PMI construction fell to 49.1 in December.
3 month Comment:Consolidating
Open:1.5835
Price:1.5843

Forex Currency:USD/JPY
News:The yen was suppressed amid the positive U.S. data, which prompted the Treasury yield to rise and the yieldgap between the U.S. and Japan widened.
3 month Comment:Consolidating
Open:82.80
Price:83.88

Forex Currency:USD/CAD
News:The Loonie was supported as crude oil price and U.S. stocks rebounded yesterday.
3 month Comment:Consolidating
Open:0.9891
Price:0.9953

Forex Currency:USD/CHF
News:The swiss franc was weakened as risk appetite picked up amid optimism of U.S. economic development.
3 month Comment:Consolidating
Open:0.9636
Price:0.9658

Forex Currency:AUD/USD
News:The AUD was suppressed on concern that the Australian floods may bring adverse effect to the economy and the central bank may keep the interest rate on hold next month.
3 month Comment:Consolidating
Open:0.9974
Price:0.9898

Forex Currency:NZD/USD
News:The NZD was undermined as the USD kept rising yesterday.
3 month Comment:Consolidating
Open:0.7709
Price:0.7646

Tagged with: • • • •
Previous Entries
preload preload preload