Foreign Exchange News Monday 11th July, 2011

Foreign Currency Exchange News –Monday 11th July, 2011

Friday Fx-traders saw unexpectedly weak employment data come from the US and this caused the dollar and the euro to fall sharply against the yen and the Swiss franc.

The USD quickly tumbled against the JPY and the Swiss franc as FX-investors sought out the two safe havens and the Euro was equally hit as hard.

This morning we have seen the GBP/USD pulling back from the Asian session highs near 1.6040 after encountering selling interest at the 10 day EMA which is being quoted in the 1.6015 price zone which is just a few pips from the downside gap opening price.

USD This morning we have see the USD get off to a flying start and it is racing higher as risk appetite turns off!

It is expected that the European stocks will open higher this morning taking their lead from a positive US session as FX investors wait for interest rate decisions by the Bank of England and the European Central Bank.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 or 07525 984456. This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Global FX News Friday 8th July, 2011

Foreign Currency Exchange News –Friday 8th July, 2011

Yesterday, FX-Traders saw the Euro rebound against the other major currencies after the European Central Banks President Jean-Claude Trichet announced the ECB’s suspension of its minimum credit threshold for Portugal.

New claims for Unemployment Benefit dropped by 14,000 to 418,000 in the week ended July 2nd with the decline being bigger than the 3,000 forecasted by economists.

Overnight the USD has edged up against its major counterparts in Asia as FX investors speculate that key monthly US jobs reports will come in strong after the separate jobs report yesterday.

The GBP is under pressure this morning against most of its counterparts after the Bank of England left interest rates on hold at the current historical lows. The Bank of England Governor has been persistent in his tolerance of rising inflation as the British Economy languishes.

The European stocks are expected to open higher after the round of better labor data from the world’s largest economy.

USD The Dollar could rise above its recent highs of JPY 81/77 and possibly to JPY 82.00 if the payroll report shows employers added more than 125,000 jobs that economists expect on average.

It is expected that the European stocks will open higher this morning taking their lead from a positive US session as FX investors wait for interest rate decisions by the Bank of England and the European Central Bank.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 or 07525 984456. This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

FX-Global News Tuesday 22nd June, 2011

Fx- Foreign Currency Exchange News: Wednesday 22nd June, 2011

Yesterday saw the market make a positive stance ahead of the crucial Greek confidence vote which ended with a vote of confidence and it is hoped that this will help avert the immediate worsening of its debt crisis even if it is only temporary.

The GBP has continued to consolidate within its ranges overnight as investors weigh up slow British economic growth versus increases in risk sentiment. The encouraging news from Greece about the vote of confidence has encouraged investors to shift capital out of the safe haven USD and into higher yielding.

Today all eyes are focused in the FOMC’s rate decision which is due at 16.30 GMT followed by a press conference by the FED Chairman.

The European Stocks are expected to open unchanged today with many investors wary of moving to fresh positions even though the Greek Government had a vote of confidence last night

USD The USD/CHF is modestly higher this morning as many hope the troubles in Greece could be calming down and demand for safety eases.

EUR Earlier this morning the Euro was down at USD 1.4375 compared wit 1.4408 late on Tuesday in New York.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 or 07525 984456. This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Foreign Exchange News Tuesday 22nd June, 2011

Fx- Foreign Currency Exchange News: Wednesday 22nd June, 2011

Yesterday saw the market make a positive stance ahead of the crucial Greek confidence vote which ended with a vote of confidence and it is hoped that this will help avert the immediate worsening of its debt crisis even if it is only temporary.

The GBP has continued to consolidate within its ranges overnight as investors weigh up slow British economic growth versus increases in risk sentiment. The encouraging news from Greece about the vote of confidence has encouraged investors to shift capital out of the safe haven USD and into higher yielding.

Today all eyes are focused in the FOMC’s rate decision which is due at 16.30 GMT followed by a press conference by the FED Chairman.

The European Stocks are expected to open unchanged today with many investors wary of moving to fresh positions even though the Greek Government had a vote of confidence last night

USD The USD/CHF is modestly higher this morning as many hope the troubles in Greece could be calming down and demand for safety eases.

EUR Earlier this morning the Euro was down at USD 1.4375 compared wit 1.4408 late on Tuesday in New York.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 or 07525 984456. This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.