Today Forex News and Summary, 2010-04-06

Fundamental Forex News Today:

Time(GMT+7)			News/Indicator	Forecast	Actual
05:00	NZD	high	NZIER Business Confidence
08:30	AUD	high	ANZ Job Advertisements m/m
10:00	NZD	low	ANZ Commodity Prices m/m
11:30	AUD	high	Cash Rate	4.25%
11:30	AUD	high	RBA Rate Statement
12:00	JPY	low	Leading Indicators	97.9%
12:13	JPY	med	Monetary Policy Statement
12:13	GBP	high	Halifax HPI m/m	0.6%
12:13	JPY	med	Overnight Call Rate	0.10%
14:15	CHF	med	CPI m/m	0.1%
15:30	EUR	low	Sentix Investor Confidence	-5.9
15:30	GBP	med	Construction PMI	48.8
15:30	GBP	low	Housing Equity Withdrawal q/q	-2.9B

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World Stock Indices   Last (%) DAX 6,235.56 +1.33% ETF 26.95 +1.01% DowJones 10,966.67 +0.36% FTSE100 5,744.89 +1.15% HangSeng 21,537.00 +1.40% Jakarta 2,887.25 +2.02% KOSPI 1,724.99 +0.09% Nasdaq 2,425.09 +0.94% Nikkei 11,339.30 +0.47% Shanghai 3,157.96 +0.33% 6/Apr/2010 00:15 Â

Commodity Prices   Last (%) Brent Crude 86.00 2.37 Natural Gas 4.25 3.92 Wti Crude 86.80 2.27 Cocoa 2,952.00 -1.27 Coffee C 139.40 1.46 Oat 210.25 -0.12 Sugar 11 16.70 0.00 Copper 362.90 1.26 Gold 100 Oz 1,131.90 0.52 Silver 18.10 1.17 6/Apr/2010 00:16 Â

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Support And Resistance Today

Last updated: April 5, 2010, 11:05 am EDT

Currency	Support levels			Resistance levels
Â	S1	S2	S3	R1	R2	R3
EUR/USD	1.3540	1.3510	1.3470	1.3590	1.3620	1.3660
AUD/USD	0.9170	0.9135	0.9080	0.9215	0.9270	0.9300
GBP/USD	1.5260	1.5220	1.5170	1.5300	1.5360	1.5400
USD/CAD	1.0070	1.0030	1.0000	1.0110	1.0170	1.0230
NZD/USD	0.7030	0.6990	0.6940	0.7080	0.7100	0.7130
USD/CHF	1.0520	1.0470	1.0430	1.0570	1.0610	1.0640
EUR/GBP	0.8870	0.8840	0.8810	0.8890	0.8915	0.8935
USD/JPY	93.60	93.25	92.80	94.00	94.25	94.50
GBP/JPY	142.80	142.30	141.70	143.70	144.40	145.00
AUD/JPY	86.00	85.40	85.00	86.50	87.00	87.50
EUR/JPY	127.00	126.50	126.00	127.60	128.00	128.40
CAD/JPY	92.70	92.10	91.70	93.30	93.70	94.10
	S1	S2	S3	R1	R2	R3

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FOREX NEWS

Dollar dips ahead of report on US service sector

Dollar slightly lower in light trading ahead of report on US service sector

On Monday April 5, 2010, 9:19 am EDT

NEW YORK (AP) -- The dollar was slightly lower in thin morning trading Monday as many markets remained closed for the Easter holiday.

The 16-nation euro dipped to $1.3486 from $1.3487 late Friday, while the British pound rose to $1.5263 from $1.5198. The dollar slipped to 94.45 Japanese yen from 94.54 yen.

The U.S. currency also fell to 1.0055 Canadian dollars from 1.0106 Canadian dollars and edged down to 1.0618 Swiss francs from 1.0623 francs.

Many Asian markets including China and most European makets were closed Monday for an extended Easter holiday. The Japanese and U.S. markets were open, however.

The dollar has been gaining steadily this year as debt concerns hit Europe and the recovery in the U.S. economy strengthens.

The Institute for Supply Managment is expected to report that the service sector, which supplies most U.S. jobs, grew at the fastest pace since 2007.

Source : yahoo.com - finance    6/Apr/2010 03:19

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