Fundamental Forex News Today:
| Time(GMT+7) | News/Indicator | Forecast | Actual | ||
| 06:50 | JPY | med | Monetary Policy Meeting Minutes | ||
| 06:50 | JPY | low | CSPI y/y | -1.1% | |
| 07:30 | USD | high | Fed Chairman Bernanke Speaks | ||
| 07:30 | JPY | med | BOJ Gov Shirakawa Speaks | ||
| 07:30 | AUD | low | MI Leading Index m/m | 0.9% | |
| 08:30 | AUD | med | Construction Work Done q/q | 2.6% | 4.1% |
| 12:13 | GBP | high | Nationwide HPI m/m | 0.5% | |
| 12:13 | GBP | med | BBA Mortgage Approvals | 37.6K | |
| 13:00 | EUR | med | GfK German Consumer Climate | 3.7 | 3.5 |
| 13:45 | EUR | med | French Consumer Spending m/m | -0.5% | -1.2% |
| 15:30 | GBP | med | BBA Mortgage Approvals | 37.6K | 35.7K |
| 19:30 | USD | med | Durable Goods Orders m/m | 1.4% | 2.9% |
| 19:30 | USD | high | Core Durable Goods Orders m/m | 0.5% | -1.0% |
| 20:00 | EUR | med | Belgium NBB Business Climate | -2.1 | -4.9 |
| 21:00 | USD | high | New Home Sales | 425K | 504K |
| 21:30 | USD | med | Crude Oil Inventories | 0.2M | 2.4M |
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Support And Resistance Today
Last updated: May 26, 2010, 9:00 am EDT| Currency | Support levels | Resistance levels | ||||
| S1 | S2 | S3 | R1 | R2 | R3 | |
| EUR/USD | 1.2290 | 1.2250 | 1.2210 | 1.2315 | 1.2350 | 1.2390 |
| AUD/USD | 0.8215 | 0.8140 | 0.8090 | 0.8250 | 0.8300 | 0.8350 |
| GBP/USD | 1.4300 | 1.4260 | 1.4225 | 1.4375 | 1.4405 | 1.4450 |
| USD/CAD | 1.0700 | 1.0660 | 1.0600 | 1.0740 | 1.0810 | 1.0860 |
| NZD/USD | 0.6660 | 0.6620 | 0.6520 | 0.6690 | 0.6725 | 0.6775 |
| USD/CHF | 1.1595 | 1.1550 | 1.1515 | 1.1610 | 1.1650 | 1.1700 |
| EUR/GBP | 0.8550 | 0.8530 | 0.8510 | 0.8590 | 0.8620 | 0.8650 |
| USD/JPY | 90.00 | 89.70 | 89.30 | 90.50 | 90.80 | 91.20 |
| GBP/JPY | 129.45 | 128.70 | 128.00 | 130.70 | 131.25 | 132.00 |
| AUD/JPY | 74.00 | 73.50 | 73.00 | 75.00 | 75.50 | 76.00 |
| EUR/JPY | 110.60 | 110.00 | 109.50 | 111.20 | 112.00 | 112.70 |
| CAD/JPY | 83.90 | 83.40 | 83.00 | 84.45 | 85.00 | 85.80 |
| S1 | S2 | S3 | R1 | R2 | R3 | |
FOREX NEWS
Euro down against dollar at $1.2274
On Wednesday May 26, 2010, 4:08 am EDT
BERLIN (AP) -- The euro is down slightly against the dollar amid ongoing worries that the debt crisis in Europe will hurt growth in coming years.
The 16-nation common currency bought $1.2274 in early Wednesday trading, down from the $1.2315 it traded at in New York overnight.
The euro has dropped about 15 percent this year to 4-year lows over fears that eurozone countries will have trouble handling their debt and that austerity measures will weigh on their recovery.
A leading German survey showed Wednesday that such uncertainty is weighing on consumer confidence in Europe's largest economy.
Elsewhere, the British pound continued its slide to $1.4342 from $1.4366, while the dollar bought 90.06 Japanese yen, down again from 90.15 yen.
Source : yahoo.com - finance 26/May/2010 22:08
