Today Forex News and Summary, 2010-04-07

Fundamental Forex News Today:

Time(GMT+7)			News/Indicator	Forecast	Actual
01:00	USD	high	FOMC Meeting Minutes
06:01	GBP	med	Nationwide Consumer Confidence	81
06:01	GBP	low	BRC Shop Price Index y/y		1.2%
06:30	AUD	med	AIG Services Index		48.4
10:03	JPY	med	Monetary Policy Statement
10:03	JPY	med	Overnight Call Rate	0.10%	0.10%
12:13	JPY	high	BOJ Press Conference
14:15	CHF	high	Retail Sales y/y	3.8%	3.1%
14:22	JPY	high	BOJ Press Conference
15:00	EUR	low	Final Services PMI	53.7	54.1
15:30	GBP	low	Index of Services 3m/3m	0.7%	0.6%
15:30	GBP	high	Services PMI	58.1	56.5
16:00	EUR	low	PPI m/m	0.2%	0.1%
16:00	EUR	low	Final GDP q/q	0.1%	0.0%
16:00	USD	med	Treasury Sec Geithner Speaks
17:00	EUR	med	German Factory Orders m/m	-0.8%	0.0%
19:30	CAD	high	Building Permits m/m	2.1%	-0.5%
21:00	CAD	high	Ivey PMI	55.1
21:30	USD	med	Crude Oil Inventories	1.0M
23:15	USD	low	FOMC Member Dudley Speaks

---

World Stock Indices   Last (%) DAX 6,218.80 -0.53% ETF 27.11 +0.59% DowJones 10,969.99 -0.03% FTSE100 5,755.28 -0.43% HangSeng 21,928.77 +1.82% Jakarta 2,898.58 +0.61% KOSPI 1,726.60 +0.03% Nasdaq 2,436.81 +0.30% Nikkei 11,292.83 +0.09% Shanghai 3,148.22 -0.33% 7/Apr/2010 19:47

Commodity Prices   Last (%) Brent Crude 85.34 -0.94 Natural Gas 4.11 0.42 Wti Crude 85.78 -1.22 Cocoa 2,161.00 -1.23 Coffee C 138.10 -0.79 Sugar 11 16.02 0.82 Copper 359.60 -0.58 Gold 100 Oz 1,136.40 0.04 Silver 17.96 0.16 Oat 210.00 -0.12 7/Apr/2010 19:47

---

Support And Resistance Today

Last updated: April 6, 2010, 11:06 am EDT

Currency	Support levels			Resistance levels
	S1	S2	S3	R1	R2	R3
EUR/USD	1.3450	1.3380	1.3300	1.3500	1.3540	1.3590
AUD/USD	0.9180	0.9140	0.9090	0.9230	0.9270	0.9300
GBP/USD	1.5270	1.5230	1.5170	1.5300	1.5340	1.5380
USD/CAD	1.0000	0.9970	0.9940	1.0040	1.0070	1.0100
NZD/USD	0.7010	0.6970	0.6930	0.7040	0.7070	0.7115
USD/CHF	1.0580	1.0530	1.0490	1.0630	1.0680	1.0730
EUR/GBP	0.8810	0.8770	0.8730	0.8840	0.8880	0.8930
USD/JPY	94.00	93.50	93.10	94.40	95.00	95.40
GBP/JPY	143.80	143.00	142.40	144.70	145.30	146.00
AUD/JPY	86.70	86.30	85.50	87.00	87.50	88.00
EUR/JPY	126.70	126.00	125.30	127.15	127.80	128.30
CAD/JPY	93.90	93.40	92.80	94.30	94.70	95.30
	S1	S2	S3	R1	R2	R3

---

FOREX NEWS

Euro edges down to $1.3371

Euro edges lower against dollar amid ongoing Greek debt worries, buys $1.3371

On Wednesday April 7, 2010, 2:57 am EDT

BERLIN (AP) -- The euro has edged a little lower against the dollar amid a new round of market jitters over Greece's debt crisis.

The 16-nation euro bought $1.3371 in early European trading Wednesday -- a bit below the $1.3396 it traded at in New York the previous evening.

The euro dropped Tuesday as Greece's borrowing costs shot up following a report, later strongly denied, that Athens wanted to revise a deal providing for a European and International Monetary Fund rescue to prevent a default.

IMF inspectors are due in Athens Wednesday to review progress in government austerity cuts.

The British pound drifted down to $1.5251 from $1.5277, a day after Prime Minister Gordon Brown called an election for May 6.

The dollar crept up to 93.92 Japanese yen from 93.87 yen.

Source : yahoo.com - finance    7/Apr/2010 20:57

---