Mar 03
Forex Market Report 3rd 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:Bul0lish
Open:1.3863
Price:1.3873
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:1.6322
Price:1.6313
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:81.86
Price:81.83
Forex Currency:USD/CAD
News:The Loonie was strengthened as crude oil surged 4520y4107terday.omment:Consolidating
Open:0.9729
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:0.9234
Price:0.9254
Forex Currency:AUD/USD
News:The Aussie was supported as Australia’s leading index rose 0.7% in December.
3 month Comment:Bullish
Open:1.0165
Price:1.0176
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:0.7429
Price:0.7455
Tagged with: Bank of New Zealand • Forex • Forex Market • Intrest Rates
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
Feb 22
Forex Report 22nd February 2011
Forex Currency: EUR/USD
News: The Euro rallied briefly due to weak data from the USD and a USD rate statement with economic view being less optimistic than expected.
3 month Comment: Consolidating
Open: 1.3677
Close: 1.3567
Forex Currency: GBP/USD
News: The pound rallied briefly as traders expect the Bank of England to increase interest rates to combat rising inflation
3 month Comment: Bullish
Open: 1.6224
Close: 1.6161
Forex Currency: USD/JPY
News: The yen’s ended higher against the USD following reports that Iran had received permission from Egypt to send two wardships through the Suez Canal.
3 month Comment: Bearish
Open: 83.12
Close: 82.90
Forex Currency: USD/CAD
News: The Loonie strengthened due to higher commodity prices.
3 month Comment: Bearish
Open: 0.9824
Close: 0.9852
Forex Currency: USD/CHF
News: The swiss franc strengthened due to a weak USD and flight to safety concerns.
3 month Comment: Consolidating
Open: 0.9465
Close: 0.9450
Forex Currency: AUD/USD
News: The Aussie was supported as both global equities and commodity prices rebounded yesterday.
3 month Comment: Bearish
Open: 1.0091
Close: 1.0024
Forex Currency: NZD/USD
News: The Kiwi traded higher against the USD on speculation that Fonterra Cooperative Group would raise its forecast for payouts to farmers, boosting the New Zealand’s economic recovery.
3 month Comment: Bearish
Open: 0.7636
Close: 0.7487
Tagged with: China • consumer price index • Euro • Foreign Exchange • Forex • Forex Market • Interest rates • knowledge to action • Oil
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
Oct 11
11th October 2010 FX Report
Compiled by the LiveTradingFloor Trader team
Forex Currency:EUR/USD
News:European Central Bank kept interest rate unchanged yesterday and said will keep gradually phasing out its non-standard liquidity measures, underpinned the euro.
3 month Comment:Bullish
Open:1.3936
Price:1.3968
Forex Currency:GBP/USD
News:Bank of England remained interest rate unchanged yesterday and kept the amount of bond purchasing program unchanged, supported the pound.
3 month Comment:Consolidating
Open:1.5963
Price:1.5933
Forex Currency:USD/JPY
News:As U.S. equities retreated yesterday, risk aversion picked-up and supported the yen.
3 month Comment:Bearish
Open:81.90
Price:81.95
Forex Currency:USD/CAD
News:Canadian building permits unexpectedly dropped 9.2% in August, which suppressed the CAD.
3 month Comment:Bearish
Open:1.0105
Price:1.0100
Forex Currency:USD/CHF
News:As U.S. equities retreated yesterday, risk aversion picked-up and limited the downside of the CHF.
3 month Comment:Bearish
Open:0.9622
Price:0.9608
Forex Currency:AUD/USD
News:As U.S. equities and crude oil prices plunged yesterday, risk aversion picked-up and triggered the AUD lower.
3 month Comment:Bullish
Open:0.9853
Price:0.9858
Forex Currency:NZD/USD
News:As U.S. equities and crude oil prices plunged yesterday, risk aversion picked-up and triggered theNZD lower.
3 month Comment:Consolidating
Open:0.7559
Price:0.7537
Tagged with: currency • Foreign Exchange • Forex • Forex Market
