Feb 28
Forex Report 28th 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:1.3753
Price:1.3773
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: 1.6117
Price: 1.6145
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: 81.66
Price: 81.66
Forex Currency: USD/CAD
News: The Loonie was strengthened as crude oil surged 4520y4107terday.omment:Consolidating
Open: 0.9776
Price: 0.9762
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 :0.9279
Price: 0.9263
Forex Currency: AUD/USD
News: The Aussie was supported as Australia’s leading index rose 0.7% in December.
3 month Comment: Bullish
Open: 1.0174
Price: 1.0179
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: 0.7514
Price: 0.7535
Tagged with: European Central Bank • Foreign Exchange • Forex • Forex Market • Global Equities • knowledge to action • retail sales • the loonie • The Pound • Yen
Sep 06
Forex Market Report 6th September 2010
Forex Currency: EUR/USD
News: European Central Bank kept interest rate unchanged yesterday, and revised up the economic growth forecast in the after meeting minutes, which supported the euro.
3 month Comment: Bearish
Open: 1.2895
Price: 1.2912
Forex Currency: GBP/USD
News: UK’s PMI construction index unexpectedly fell to 52.1 in August
3 month Comment: Bearish
Open: 1.5445
Price: 1.5477
Forex Currency: USD/JPY
News: As global equities rose and market risk receded yesterday, the yen was undermined.
3 month Comment: Consolidating
Open: 84.29
Price: 84.28
Forex Currency: USD/CAD
News: U.S. stocks and crude oil soared yesterday, which limited the downside of the CAD.
3 month Comment: Consolidating
Open: 1.0391
Price: 1.0377
Forex Currency: USD/CHF
News: As global equities rose and market risks receded yesterday, the Swiss franc was undermined.
3 month Comment: Consolidating
Open: 1.0163
Price: 1.0148
Forex Currency: AUD/USD
News: Australia’s trade surplus narrowed to AUD 1890 million, which limited the upside of the AUD million, which limited the upside of the AUD.
3 month Comment: Bullish
Open: 0.9170
Price: 0.9167
Forex Currency: NZD/USD
News: Global equities rose and market risks receded yesterday, which supported the NZD.
3 month Comment: Bearish
Open: 0.7211
Price: 0.7232
Tagged with: European Central Bank • Forex • stocks
