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Forex: USD/CHF jumps to test 1.0900
Published July 10, 2009, 1:18 am, The Forex Market
FXstreet.com (Barcelona) - The Dollar's recovery from 1.0750, yesterday low, has continued during the Asian session and tthe early European morning. USD/CHF has jumped around 70 pips in the last two hours from 1.0825, breaks 1.0850 (MA200 hourly chart level) and post 1.0897 as fresh intra-day high.
DATA SNAP: Italy May Indus Output Flat On Mo; -19.8% On Year
Published July 10, 2009, 1:18 am, The Forex Market
ROME (Dow Jones)--Italian industrial output in May slowed on the month-earlier period, as production of investment and durable goods slipped, after rising for the first time in a year, Italian statistics office Istat said Friday.
DATA SNAP: Danish June HICP +0.2% On Month, +0.9% On Year
Published July 10, 2009, 12:48 am, The Forex Market
Danish annual inflation continues to decline, data showed Friday. The year-on-year rate for the European Union-harmonized index of consumer prices fell in June to 0.9% from 1.1% in May, while the monthly rate for June was 0.2%.
Forex: Dollar higher, EUR/USD falls to test 1.3900
Published July 10, 2009, 12:48 am, The Forex Market
FXstreet.com (Barcelona) - Dollar has continued with its strengthening today's session against the Euro with the pair falling around 0.70% so far from opening price to break 1.3960 support and test 1.3900 level.
CORRECT: =DATA SNAP: Spanish June CPI -1% On Yr, +0.4% On Mo
Published July 10, 2009, 12:48 am, The Forex Market
("=DATA SNAP: Spanish June CPI -1% On Year, -0.4% On Month" published at 0700 GMT misstated the monthly inflation rate in the second paragraph. The correct version follows:)
Forex: USD/JPY fails to hold 93.00 level and declines to test 92.60
Published July 10, 2009, 12:26 am, The Forex Market
FXstreet.com (Barcelona) - Dollar's recovery couldn't hold the 93.00 level against Yen during the Asian session and USD/JPY has fallen toward 92.60 support in a 40 pips decrease movement. Currently the pair is losing 0.56% so far today from opening price action to the current 92.60/70.
Forex: EUR/USD falls to post 1.3953 as intra-day low
Published July 10, 2009, 12:20 am, The Forex Market
FXstreet.com (Barcelona) - After trading in a small range between 1.3960 and 1.3990 during the Asian session, EUR/USD has fallen further to post 1.3953 as fresh intra-day low, continuing the rejection movement from 1.4072, 1-week high posted yesterday's session.
GLOBAL MARKETS: European Stocks Set To Drift Lower
Published July 10, 2009, 12:20 am, The Forex Market
LONDON (Dow Jones)--European stocks are expected to open marginally lower Friday, as investors fail to get a healthy lead from Wall Street amid concerns about the strength of second-quarter corporate earnings.
DATA SNAP: French Jan-May Budget Gap EUR88.7B Vs EUR50.1B YY
Published July 10, 2009, 12:20 am, The Forex Market
PARIS (Dow Jones)--France's budget deficit widened substantially over the first five months of this year, compared with a year earlier, as a result of the government's stimulus measures to lift the country out of recession, data showed Friday.
DATA SNAP:French Curr Acct Gap EUR2.2B In May Vs EUR3.5B Apr
Published July 10, 2009, 12:19 am, The Forex Market
PARIS (Dow Jones)--France's current account deficit narrowed in May from April due to an increase in the services surplus and revenue, data published Friday by the Bank of France showed.
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