Daily Currency Report

7

0
GBPUSD Range: 1.6340 – 1.6402
Wed, Oct 28 2009, 13:15 GMT
by John Clarke
ODL Securities
Nikkei -1.4%, HSI -1.66%, KOSPI -2.3%, ASX200 -1.44%
GBPUSD Range: 1.6340 – 1.6402
Follows the AUD and EUR with fairly light trading EURGBP slightly better bid
EURUSD Range: 1.4789 – 1.4828
Not much focus on the EUR again we trade well off the lows with Axsian sovereign names providing support
AUDUSD Range: .9072 - .9208
AUD the main focus today with all eyes on the CPI number, consensus +.7/+ .8 comes in at +1% the rally short lived as prospect of rate hike dimishes and sold aggressively as the market caught very long.
USDJPY Range: 91.10 – 91.72
Cross Yen selling and stop losses weigh heavy on USD/JPY with AUD/JPY the most heavily sold after the CPI number
Published on
Wed, Oct 28 2009, 13:18 GMT
Archive
- Japan's government officially declared that their economy has fallen into deflation
Published On Fri, Nov 20 2009, 10:50 GMT
- US initial jobless claims are scheduled to be released at 1330, followed by the Philadelphia Fed at 1500
Published On Thu, Nov 19 2009, 10:06 GMT
- The US Dollar Index fell back 0.4% to 75.097
Published On Wed, Nov 18 2009, 10:27 GMT
- US PPI release could impact on the major currencies this afternoon
Published On Tue, Nov 17 2009, 10:37 GMT
- USDJPY and Yen crosses somewhat subdued
Published On Mon, Nov 16 2009, 11:08 GMT
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Legal disclaimer and risk disclosure
Derivatives are volatile instruments and in certain circumstances it is possible to lose more than your initial investment. Derivatives are not always suitable for everyone and you should consult your financial adviser before dealing.
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