Today Forex News and Summary, 2010-04-20

Fundamental Forex News Today:

Time(GMT+7)			News/Indicator	Forecast	Actual
03:00	USD	low	FOMC Member Duke Speaks
05:45	NZD	low	FPI m/m		0.2%
05:45	NZD	high	CPI q/q	0.6%	0.4%
06:50	JPY	med	Tertiary Industry Activity m/m	2.9%	-0.9%
08:30	AUD	high	Monetary Policy Meeting Minutes
12:13	AUD	med	NAB Quarterly Business Confidence
13:00	EUR	med	German PPI m/m	0.5%	0.7%
15:00	EUR	med	Current Account	-5.3B	-3.9B
15:30	GBP	med	RPI y/y	4.1%	4.4%
15:30	GBP	low	Core CPI y/y	2.8%	3.0%
15:30	GBP	high	CPI y/y	3.2%	3.4%
16:00	EUR	high	German ZEW Economic Sentiment	45.2	53.0
16:00	EUR	med	ZEW Economic Sentiment	38.9	46.0
20:00	CAD	high	BOC Rate Statement
20:00	CAD	high	Overnight Rate	0.25%
22:00	USD	high	Fed Chairman Bernanke Testifies
23:00	EUR	med	Buba President Weber Speaks

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World Stock Indices   Last (%) DAX 6,196.44 +0.55% ETF 26.93 +1.01% DowJones 11,092.05 +0.67% FTSE100 5,758.34 +0.53% HangSeng 21,623.38 +1.02% Jakarta 2,883.24 +1.51% KOSPI 1,718.03 +0.75% Nasdaq 2,480.11 -0.05% Nikkei 10,900.68 -0.07% Shanghai 2,979.53 -0.03% 20/Apr/2010 15:44

Commodity Prices   Last (%) Brent Crude 85.26 1.22 Copper 356.15 1.24 Silver 17.93 1.09 Coffee C 131.35 0.46 Oat 212.25 -0.47 Sugar 11 17.20 0.88 Gold 100 Oz 1,142.80 0.62 Wti Crude 82.49 1.28 Cocoa 2,166.00 -0.23 Natural Gas 3.98 0.89 20/Apr/2010 16:29

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Support And Resistance Today

Last updated: April 19, 2010, 9:03 am EDT

Currency	Support levels			Resistance levels
	S1	S2	S3	R1	R2	R3
EUR/USD	1.3435	1.3400	1.3350	1.3480	1.3520	1.3570
AUD/USD	0.9150	0.9100	0.9070	0.9205	0.9270	0.9310
GBP/USD	1.5210	1.5175	1.5140	1.5250	1.5310	1.5370
USD/CAD	1.0160	1.0100	1.0040	1.0200	1.0230	1.0270
NZD/USD	0.7050	0.7010	0.6970	0.7110	0.7150	0.7190
USD/CHF	1.0630	1.0600	1.0570	1.0670	1.0700	1.0740
EUR/GBP	0.8800	0.8775	0.8750	0.8850	0.8880	0.8915
USD/JPY	91.60	91.20	90.80	92.00	92.50	92.75
GBP/JPY	139.50	139.00	138.50	140.00	140.50	140.80
AUD/JPY	84.00	83.50	83.00	84.70	85.30	86.00
EUR/JPY	123.20	122.80	122.25	124.00	124.60	125.00
CAD/JPY	90.00	89.50	89.00	90.50	91.00	91.50
	S1	S2	S3	R1	R2	R3

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FOREX NEWS

Commodities prices end mixed as dollar rises

Commodities prices finish mixed after concerns about Goldman Sachs stoke demand for dollar

On Monday April 19, 2010, 6:30 pm

NEW YORK (AP) -- Commodity prices ended mixed after investors dumped risky assets following the government's charges against Goldman Sachs.

Concern about what the case against Goldman might mean for financial industry profits hurt markets for much of the day. That fed a demand for the dollar.

"People go into the dollar short-term as a risk-aversion play," said Rich Ilczyszyn, a commodities analyst at Lind-Waldock.

The SEC on Friday said Goldman didn't tell clients about conflicts of interest in mortgage investments it sold. Goldman has said it would fight the charges.

The ICE Futures US dollar index, which measures the dollar against a basket of currencies, rose 0.1 percent. Most commodities are priced in dollars. The stronger dollar drives up prices for foreign buyers and hurts demand.

Investors also placed bets that demand for resources would fall following the eruption of a volcano in Iceland that has halted air travel in much of Europe. There is also concern that it could hurt an economic rebound.

"Initially, it starts with energy but then it probably goes across the board," Ilczyszyn said, referring to concerns about economic problems from the eruption. "You start seeing profit-taking in, you know, gold and everything else."

Gold for June delivery fell $1.10 to settle at $1,135.80 an ounce.

Benchmark crude for May delivery fell $1.79 to settle at $81.45 per barrel on the New York Mercantile Exchange. It fell $2.27 on Friday.

In other Nymex trading, heating oil for May delivery fell 6.01 cents to settle at $2.1568 a gallon. Gasoline fell 2.26 cents to close at $2.2544 a gallon. Natural gas dropped 9.5 cents to $3.944 per 1,000 cubic feet.

Wheat fell 23 cents to settle at $4.795 a bushel. Soybeans fell 8.5 cents to $9.865 a bushel. Corn fell 16.75 cents to $3.5725 a bushel.

Silver for May delivery rose 5.6 cents to settle at $17.731 an ounce. Copper rose 2.20 cents to $3.5190 a pound.

Source : yahoo.com - finance    20/Apr/2010 12:30

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Today Forex News and Summary, 2010-04-14

Fundamental Forex News Today:

Time(GMT+7)			News/Indicator	Forecast	Actual
05:45	NZD	high	Retail Sales m/m	0.2%	-0.6%
05:45	NZD	med	Core Retail Sales m/m	0.3%	-0.9%
06:00	USD	high	Fed Chairman Bernanke Speaks
07:30	AUD	med	Westpac Consumer Sentiment		-1.0%
13:30	JPY	med	BOJ Gov Shirakawa Speaks
16:00	EUR	med	Industrial Production m/m	0.3%
19:30	USD	med	CPI m/m	0.2%
19:30	USD	high	Retail Sales m/m	1.0%
19:30	USD	high	Core Retail Sales m/m	0.5%
19:30	USD	high	Core CPI m/m	0.1%
20:30	USD	med	FOMC Member Pianalto Speaks
21:00	USD	high	Fed Chairman Bernanke Testifies
21:00	USD	med	Business Inventories m/m	0.2%
21:30	USD	med	Crude Oil Inventories

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World Stock Indices   Last (%) DAX 6,230.83 -0.32% FTSE100 5,761.66 -0.28% HangSeng -- --% Jakarta 2,884.70 +0.12% KOSPI 1,724.38 +0.81% Nasdaq 2,465.99 +0.33% Shanghai 3,148.76 -0.40% ETF 27.12 -0.22% DowJones 11,019.42 +0.12% Nikkei 11,221.47 +0.54% 14/Apr/2010 09:12

Commodity Prices   Last (%) Brent Crude 84.93 0.25 Natural Gas 4.14 -0.48 Wti Crude 84.21 0.19 Cocoa 2,121.00 -1.44 Coffee C 133.85 -1.07 Oat 218.75 -0.68 Sugar 11 17.23 2.26 Copper 360.20 0.04 Gold 100 Oz 1,154.00 0.05 Silver 18.27 0.14 14/Apr/2010 09:36

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Support And Resistance Today

Last updated: April 13, 2010, 9:00 am EDT

Currency	Support levels			Resistance levels
	S1	S2	S3	R1	R2	R3
EUR/USD	1.3570	1.3540	1.3500	1.3620	1.3660	1.3690
AUD/USD	0.9270	0.9240	0.9210	0.9300	0.9330	0.9360
GBP/USD	1.5390	1.5350	1.5310	1.5450	1.5480	1.5520
USD/CAD	1.0035	1.0000	0.9985	1.0045	1.0080	1.0110
NZD/USD	0.7115	0.7070	0.7045	0.7160	0.7200	0.7250
USD/CHF	1.0560	1.0515	1.0470	1.0590	1.0620	1.0650
EUR/GBP	0.8815	0.8770	0.8735	0.8850	0.8870	0.8900
USD/JPY	92.70	92.50	92.20	93.35	93.50	93.75
GBP/JPY	143.60	143.00	142.40	144.40	144.95	145.50
AUD/JPY	86.65	86.25	85.80	87.00	87.40	88.00
EUR/JPY	127.00	127.60	126.15	127.50	127.95	128.50
CAD/JPY	92.50	92.00	91.50	92.80	93.20	93.50
	S1	S2	S3	R1	R2	R3

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FOREX NEWS

Dollar falls as Greece sells bonds, Alcoa misses

Dollar falls as Greece holds successful bond auction, Alcoa 1Q revenue disappoints

Related Quotes

Symbol	Price	Change
AA	14.25	-0.32

{"s" : "aa","k" : "c10,l10,p20,t10","o" : "","j" : ""}

On Tuesday April 13, 2010, 10:15 am EDT

NEW YORK (AP) -- A successful Greek bond sale and disappointing start to the U.S. earnings season sent the dollar lower Tuesday against other major currencies.

The 16-nation euro edged up to $1.3594 in morning trading in New York from $1.3589 late Monday.

On Monday, the euro jumped to $1.3691, its highest point in a month, bolstered by a European pledge to make $40.5 billion in loans available to Greece this year if needed.

On Tuesday, Greece raised euro1.56 billion, or about $2.1 billion, in an oversubscribed bond auction although interest rates remained high. Greece is struggling with borrowing costs that remain far above those of Germany as investors still see risk of default.

UBS analyst Manuel Oliveri said the bond auction was a good sign, and Greek borrowing costs will drop further as markets absorb the aid plan. That should propel the euro higher against the dollar in the near future, he said. Debt problems in Greece and other European countries have driven the euro from above $1.51 last November to below $1.33 just last week.

The dollar wasa also hurt after aluminum producer Alcoa Inc. on Monday posted first-quarter revenue that was less than analysts had expected. Alcoa is the first major U.S. company to report first-quarter results. Its performance may foreshadow outcomes for other major U.S. businesses expected to report over the next few weeks.

The British pound rose to $1.5420 from $1.5378, while the dollar fell to 92.80 Japanese yen from 93.24 yen. The dollar slipped to 1.0572 Swiss francs from 1.0591 francs, and dipped to 1.0027 Canadian dollars from 1.0034 Canadian dollars

Meanwhile, the Commerce Department said the U.S. trade deficit widened 7.4 percent in February to $39.7 billion as imports increased faster than exports. The deficit was wider than economists had expected, while the U.K. posted a narrower-than-expected deficit and Canada a larger-than-expected surplus.

Source : yahoo.com - finance    14/Apr/2010 04:15

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Today Forex News and Summary, 2010-04-09

Fundamental Forex News Today:

Time(GMT+7)			News/Indicator	Forecast	Actual
03:00	USD	med	FOMC Member Kohn Speaks
06:30	AUD	low	AIG Construction Index		48.7
07:30	USD	high	Fed Chairman Bernanke Speaks
13:00	EUR	low	German Trade Balance	11.4B	12.1B
13:45	EUR	med	French Industrial Production m/m	0.2%	0.0%
15:30	GBP	med	PPI Input m/m	1.3%	3.6%
15:30	GBP	low	PPI Output m/m	0.4%	0.9%
18:00	CAD	high	Unemployment Rate	8.2%	8.1%
18:00	CAD	high	Employment Change	20.9K	25.9K
20:00	CHF	low	Gov Board Member Danthine Speaks
21:00	USD	low	Wholesale Inventories m/m	0.4%
22:30	EUR	med	ECB President Trichet Speaks

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World Stock Indices   Last (%) DAX 6,223.97 +0.84% ETF 26.78 -1.22% DowJones 10,927.07 +0.27% FTSE100 5,750.02 +0.65% HangSeng 22,208.50 +1.56% Jakarta 2,845.01 -0.20% KOSPI 1,724.47 -0.54% Nasdaq 2,436.81 +0.23% Nikkei 11,204.34 +0.32% Shanghai 3,145.35 +0.85% 9/Apr/2010 18:57

Commodity Prices   Last (%) Brent Crude 85.68 1.03 Natural Gas 3.95 1.07 Wti Crude 85.98 0.69 Cocoa 2,142.00 0.05 Coffee C 135.15 0.33 Oat 224.25 -0.55 Sugar 11 16.01 0.57 Copper 360.20 0.43 Gold 100 Oz 1,157.90 0.43 Silver 18.32 1.06 9/Apr/2010 19:05

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Support And Resistance Today

Last updated: April 8, 2010, 9:01 am EDT

Currency	Support levels			Resistance levels
	S1	S2	S3	R1	R2	R3
EUR/USD	1.3300	1.3260	1.3200	1.3340	1.3375	1.3410
AUD/USD	0.9240	0.9215	0.9180	0.9270	0.9300	0.9330
GBP/USD	1.5130	1.5100	1.5050	1.5180	1.5225	1.5250
USD/CAD	1.0040	1.0000	0.9970	1.0100	1.0130	1.0160
NZD/USD	0.7025	0.7000	0.6960	0.7065	0.7100	0.7130
USD/CHF	1.0740	1.0710	1.0680	1.0775	1.0810	1.0835
EUR/GBP	0.8765	0.8745	0.8700	0.8785	0.8815	0.8850
USD/JPY	93.10	92.70	92.40	93.40	93.70	94.00
GBP/JPY	141.00	140.50	140.00	142.10	142.65	143.30
AUD/JPY	85.95	85.70	85.45	86.10	86.55	86.85
EUR/JPY	123.50	122.90	122.50	124.50	125.00	125.25
CAD/JPY	92.00	91.75	91.50	92.60	93.00	93.50
	S1	S2	S3	R1	R2	R3

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FOREX NEWS

Euro edges up to $1.3365

Euro gains a little relief from downward slide, edges up to $1.3365

On Friday April 9, 2010, 2:53 am EDT

BERLIN (AP) -- The euro is slightly higher after sliding for several days on new worries about Greece's debt woes.

The shared European currency edged up to $1.3365 in early European trading Friday from $1.3353 in New York late Thursday.

Greece's borrowing costs have spiked to a record high this week, raising doubts about the effectiveness of a financial rescue plan. However, European Central Bank president Jean-Claude Trichet insisted Thursday that default was "not an issue" for the country.

The British pound was barely changed Friday. It bought $1.5275, compared with $1.5274 the previous evening.

The dollar climbed to 93.53 Japanese yen from 93.40 yen.

Source : yahoo.com - finance    9/Apr/2010 20:53

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