Jun 04

Forex Report 4th June 2010

Forex Currency: EUR/USD 
News: In May, the ISM U.S. non-manufacturing index stayed at 55.4. 
Comment: Bearish 
Open: 1.2161 
Current Price: 1.2178

Forex Currency: GBP/USD 
News:  In May, U.K. nationwide housing prices rose 9.8% (YoY).
Comment: Consolidating 
Open: 1.4620 
Current Price: 1.4636

Forex Currency: USD/JPY 
News:  Yen weakened as there was speculation that Prime Minister Yukio Hatoyama will be succeeded by Finance Minister Naoto Kan 
Comment: Consolidating 
Open: 92.57 
Current Price: 92.63

Forex Currency: USD/CAD 
News:  Yesterday, U.S. equities and crude oil prices advanced. 
Comment: Consolidating 
Open: 1.0407 
Current Price: 1.0396

Forex Currency: USD/CHF 
News:  Yesterday, U.S. equities and crude oil prices advanced. 
Comment: Consolidating 
Open: 1.1568 
Current Price: 1.1540

Forex Currency: AUD/USD 
News:  In April, Australia  unexpectedly recorded AUD 134 million of trade surplus  
Comment: Consolidating 
Open: 0.8418 
Current Price:  0.8447

Forex Currency: NZD/USD 
News:  Yesterday, U.S. equities and crude oil prices advanced
Comment: Consolidating 
Open: 0.6826 
Current Price: 0.6845

Due for release today is the GBP Halifax HPI m/m, CAD Employment Change, CAD Unemployment Rate, Building Permits m/m, Non-Farm Employment Change and USD Unemployment Rate and Ivey PMI.

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