Feb 24

At 0400 GMT today, the GBP is trading 0.1% higher against the USD at $1.6243, marginally lower against the EUR at €1.1788 and 0.3% lower against the JPY at ¥133.45

Experiences 1 Comment »

Forex Report 24th 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: 1.3745
Price: 1.3746

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: 1.6209
Price: 1.6210

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: 82.51
Price: 82.12

Forex Currency: USD/CAD
News:The Loonie was strengthened as crude oil surged yesterday.
3 month Comment: Consolidating
Open: 0.9899
Price: 0.9883

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: 0.9328
Price: 0.9293

Forex Currency: AUD/USD
News:The Aussie was supported as Australia’s leading index rose 0.7% in December.
3 month Comment: Bullish
Open: 1.0018
Price: 1.0036

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: 0.7451
Price: 0.7456

Tagged with: • • • • • • •
Feb 21

Euro rallied briefly due to weak data from the USD and a USD rate statement with economic view being less optimistic than expected

Experiences No Comments »


Forex Report 21st 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: 1.3691
Close: 1.3655

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: 1.6251
Close: 1.6214

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: 83.15
Close: 83.16

Forex Currency:USD/CAD
News:The Loonie strengthened due to higher commodity prices.
3 month Comment: Bearish
Open: 0.9863
Close: 0.9828

Forex Currency: USD/CHF
News: The swiss franc strengthened due to a weak USD and flight to safety concerns.
3 month Comment: Consolidating
Open: 0.9442
Close: 0.9484

Forex Currency: AUD/USD
News:The Aussie was supported as both global equities and commodity prices rebounded yesterday.
3 month Comment: Bearish
Open: 1.0142
Close: 1.0104

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: 0.7615
Close: 0.7631

Tagged with: • • • • • • • •
Feb 18

pound was supported as the previous rate minutes of Bank of England showed two members voted for a rate hike

Experiences 1 Comment »


Forex Report 18th 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: 1.3605
Close: 1.3668

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: 1.6171
Close: 1.6233

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: 83.29
Close: 83.24

Forex Currency: USD/CAD
News: The Loonie was strengthened as crude oil bounced back sharply yestesrday.
3 month Comment: Bullish
Open: 0.9840
Close: 0.9826

Forex Currency: USD/CHF
News: The swiss franc was weakened as both global equities and commodity prices rebounded yesterday.
3 month Comment: Consolidating
Open: 0.9494
Close: 0.9480

Forex Currency: AUD/USD
News: The Aussie was supported as both global equities and commodity prices rebounded yesterday.
3 month Comment: Bearish
Open: 1.0117
Close: 1.0135

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: 0.7589
Close: 0.7627

Tagged with: • • • • • • • •
Feb 17

At 0410 GMT today, the GBP is trading 0.1% higher against the USD at $1.6103, marginally lower against the EUR at €1.1853 and slightly higher against the JPY at ¥134.58

Experiences 1 Comment »


FX Report 17th February 2011

Forex Currency: EUR/USD
The News: The Euro weakened as U.S. retail sales rose 0.3% only in January, trailed market estimates.
3 month Comment: Consolidating
Open:1.3566
Price:1.3556

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: 1.6091
Price: 1.6096

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: 83.66
Price: 83.60

Forex Currency: USD/CAD
News: The Loonie was slightly suppressed as crude oil price retreated yesterday.
3 month Comment: Bullish
Open: 0.9847
Price: 0.9844

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: 0.9592
Price : 0.9598

Forex Currency: AUD/USD
News: The Aussie was suppressed yesterday as globalequities retreated yesterday, risk aversion picked-up.
3 month Comment: Bearish
Open: 1.0028
Price: 1.0029

Forex Currency: NZD/USD
News: The Kiwi was suppressed yesterday as global equities retreated yesterday, risk aversion picked-up.
3 month Comment: Bearish
Open: 0.7545
Price: 0.7545

Tagged with: • • • • • • •
Feb 15

While Bank of England announced to keep interest rate unchanged yesterday, investors speculated that the central bank may hike rate earlier

Experiences 1 Comment »


FX Report 15th February 2011

Forex Currency: EUR/USD
News: The Euro was supported as the USD was underminedby the U.S. Fed’s rate statement with economic view being less optimistic than expected.
3 month Comment: Consolidating
Open: 1.3488
Price: 1.3515

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: 1.6034
Price: 1.6040

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: 83.31
Price: 82.48

Forex Currency:USD/CAD
News: The Loonie was strengthened as crude oil bounced back sharply yestesrday.
3 month Comment: Bullish
Open: 0.9888
Price: 0.9881

Forex Currency: USD/CHF
News: The swiss franc was weakened as both global equities and commodity prices rebounded yesterday.
3 month Comment: Consolidating
Open: 0.9698
Price: 0.9688

Forex Currency:AUD/USD
News: The Aussie was supported as both global equities and commodity prices rebounded yesterday.
3 month Comment: Bearish
Open: 1.0026
Price: 1.0028

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: 0.7563
Price: 0.7579

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 31

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.

Experiences No Comments »


 FX Report 31st January 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:1.3609 
Price:1.3633

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:1.5857 
Price:1.5874

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:82.10 
Price:81.98

USD/CAD 
News:The Loonie was strengthened as crude oil bounced back sharply yestesrday.  
3 month Comment:Bullish 
Open:1.0011
Price:0.9991

Forex Currency:USD/CHF 
News:The swiss franc was weakened as both global equities and commodity prices rebounded yesterday. 
3 month Comment:Consolidating 
Open:0.9418
Price:0.9405

Forex 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:0.9960

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:0.7734 
Price:0.7734

Tagged with: • • • • • •
Jan 28

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.

Experiences No Comments »


 FX Report 28th January 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:1.3732 
Price:1.3680

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:1.5926 
Price:1.5868

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:82.90 
Price:82.60

USD/CAD 
News:The Loonie was strengthened as crude oil bounced back sharply yestesrday.  
3 month Comment:Bullish
Open:0.9931
Price:0.9970

Forex Currency:USD/CHF 
News:The swiss franc was weakened as both global equities and commodity prices rebounded yesterday. 
3 month Comment:Consolidating
Open:0.9442
Price:0.9457

Forex Currency:AUD/USD
News:The Aussie was supported as both global equities and commodity prices rebounded yesterday.
3 month Comment:Bearish
Open:0.9919
Price:0.9898

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:0.7719 
Price:0.7719

Tagged with: • • • • • •
Jan 27

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.

Experiences 1 Comment »


FX Report 27th January 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:1.3712 
Price:1.3716

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:1.5930 
Price:1.5921

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:82.15 
Price:82.16

Forex Currency:USD/CAD 
News: The Loonie was strengthened as crude oil bounced back sharply yestesrday.  
3 month Comment:Bullish 
Open:0.9938
Price:0.9941

Forex Currency:USD/CHF 
News: The swiss franc was weakened as both global equities and commodity prices rebounded yesterday. 
3 month Comment:Consolidating 
Open:0.9413
Price:0.9430

Forex Currency:AUD/USD
News: The Aussie was supported as both global equities and commodity prices rebounded yesterday.
3 month Comment:Bearish
Open:0.9908
Price:0.9960

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:0.7725 
Price:0.7730

Tagged with: • • • • •
Jan 26

The pound was undermined as U.K. PMI construction fell to 49.1 in December

Experiences 1 Comment »

FX Report 26th January 2011

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
1.3681
1.3685

GBP/USD
The pound was undermined as U.K. PMI construction fell to 49.1 in December.
Consolidating
1.5815
1.5877

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
82.24
82.14

USD/CAD
The Loonie was supported as crude oil price and U.S. stocks rebounded yesterday.
Consolidating
0.9969
0.9956

USD/CHF
The swiss franc was weakened as risk appetite picked up amid optimism of U.S. economic development.
Consolidating
0.9422
0.9429

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
0.9966
0.9970

NZD/USD
The NZD was undermined as the USD kept rising yesterday.
Consolidating
0.7686
0.7669

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