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
Jan 19
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:1.3385
Price:1.3480
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:1.5959
Price:1.6022
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:82.56
Price:82.17
USD/CAD
News:The Loonie was supported as crude oil price and U.S. stocks rebounded yesterday.
3 month Comment:Consolidating
Open:0.9911
Price:0.9895
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:0.9633
Price:0.9580
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:0.9993
Price:1.0060
NZD/USD
News:The NZD was undermined as the USD kept rising yesterday.
3 month Comment:Consolidating
Open:0.7717
Price:0.7761
Tagged with: Forex Currency • the euro • The Pound • the USD
Jan 18
Forex Currency:EUR/USD
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.
Consolidating
Open:1.3293
Price:1.3400
Forex Currency:GBP/USD
The pound was undermined as U.K. PMI construction fell to 49.1 in December.
Consolidating
Open:1.5884
Price:1.6033
Forex Currency:USD/JPY
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.
Consolidating
Open:82.80
Price:82.57
Forex Currency:USD/CAD
The Loonie was supported as crude oil price and U.S. stocks rebounded yesterday.
Consolidating
Open:0.9868
Price:0.9853
Forex Currency:USD/CHF
The swiss franc was weakened as risk appetite picked up amid optimism of U.S. economic development.
Consolidating
Open:0.9644
Price:0.9597
Forex Currency:AUD/USD
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.
Consolidating
Open:0.9936
Price:0.9982
Forex Currency:NZD/USD
The NZD was undermined as the USD kept rising yesterday.
Consolidating
Open:0.7721
Price:0.7716
Tagged with: Forex Currency • the euro • the loonie • The Pound • the yen
Jan 13
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:1.3130
Price:1.3156
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:1.5760
Price:1.5753
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:82.98
Price:83.00
Forex Currency:USD/CAD
News:The Loonie was supported as crude oil price and U.S. stocks rebounded yesterday.
3 month Comment:Consolidating
Open:0.9855
Price:0.9875
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:0.9665
Price:0.9735
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:0.9964
Price:0.9965
Forex Currency:NZD/USD
News:The NZD was undermined as the USD kept rising yesterday.
3 month Comment:Consolidating
Open:0.7636
Price:0.7668
Tagged with: Forex Currency • the euro • the loonie • The Pound • the yen
Jan 05
Forex Currency: EUR/USD
News: The Euro was suppressed as the U.S. factory orders rose by 0.7% in November, supported the dollar.
3 month Comment: Consolidating
Open: 1.3306
Price: 1.3272
Forex Currency: GBP/USD
News: The pound was supported as U.K. PMI manufacturing rose to 57 in December.
3 month Comment: Consolidating
Open:1.5582
Price: 1.5555
Forex Currency: USD/JPY
News: The yen was suppressed amid the positive U.S. data,
which prompted the Treasury yield to rise and the yield
gap between the U.S. and Japan widened.
3 month Comment: Consolidating
Open:82.01
Price: 82.00
Forex Currency: USD/CAD
News: The Loonie was suppressed as crude oil price retreated yesterday.
3 month Comment: Consolidating
Open:0.9982
Price: 0.9997
Forex Currency: USD/CHF
News: The swiss franc was weakened as risk appetite pickedup amid optimism of U.S. economic development.
3 month Comment: Consolidating
Open:0.9484
Price: 0.9499
Forex Currency: AUD/USD
News:The AUD was suppressed as crude oil price retreated and Australia’s manufacturing index fell to 46.3.
3 month Comment: Consolidating
Open:1.0050
Price: 1.0024
Forex Currency: NZD/USD
News:The NZD was undermined as crude oil price retreated yesterday.
3 month Comment: Consolidating
Open:0.7664
Price: 0.7655
Tagged with: Forex Currency • the AUD • the euro • The Pound • the swiss franc • the yen
Dec 14
Forex currency: EUR/USD
News: The Euro was driven down as Fitch Ratings cut Ireland’s credit rating yesterday.
3 month comment: Consolidating
Open: 1.3390
Price: 1.3455
Forex currency: GBP/USD
News: The pound was supported as the Bank of England keptthe interest rate and quantitative easing measureunchanged.
3 month comment: Consolidating
Open: 1.5861
Price: 1.5872
Forex currency: USD/JPY
News: The yen edged up slightly as the U.S. Treasury yield retreated yesterday.
3 month comment: Consolidating
Open: 83.35
Price: 82.97
Forex currency: USD/CAD
News: The Loonie was underpinned as Canada’s new home index rose 0.1% in October.
3 month comment: Consolidating
Open: 1.0070
Price: 1.0068
Forex currency: USD/CHF
News: The CHF was undermined as global equities rose and market risks fell yesterday.
3 month comment: Consolidating
Open: 0.9677
Price: 0.9626
Forex currency: AUD/USD
News: The Aussie was supported as Australia’s employment rose 54,600 in November and the unemployment rate fell to 5.2%.
3 month comment: Consolidating
Open: 0.9961
Price: 0.9995
Forex currency: NZD/USD
News: The Kiwi was weakened as the Reserve Bank of New Zealand gave dovish comments on the economic outlook.
3 month comment: Consolidating
Open: 0.7508
Price: 0.7555
Tagged with: Forex • Forex Currency • the dollar • the kiwi • The Pound • USD • Yen
Dec 10
Forex currency: EUR/USD
News: The Euro was driven down as Fitch Ratings cut Ireland’s credit rating yesterday.
3 month comment: Consolidating
Open: 1.3237
Price: 1.3261
Forex currency: GBP/USD
News: The pound was supported as the Bank of England keptthe interest rate and quantitative easing measureunchanged.
3 month comment: Consolidating
Open: 1.5768
Price: 1.5830
Forex currency: USD/JPY
News:The yen edged up slightly as the U.S. Treasury yield retreated yesterday.
3 month comment: Consolidating
Open: 83.73
Price: 83.53
Forex currency: USD/CAD
News: The Loonie was underpinned as Canada’s new home index rose 0.1% in October.
3 month comment: Consolidating
Open:1.0104
Price: 1.0089
Forrex currency: USD/CHF
News: The CHF was undermined as global equities rose and market risks fell yesterday.
3 month comment: Consolidating
Open: 0.9833
Price: 0.9809
Forex currency: AUD/USD
News: The Aussie was supported as Australia’s employment rose 54,600 in November and the unemployment rate fell to 5.2%.
3 month comment: Consolidating
Open: 0.9835
Price: 0.9888
Forex currency: NZD/USD
News: The Kiwi was weakened as the Reserve Bank of New Zealand gave dovish comments on the economic outlook.
3 month comment: Consolidating
Open: 0.7485
Price: 0.7526
Tagged with: economic outlook • Forex Currency • Ireland's credit rating • the euro • the kiwi • The Pound • the yen
