euro dollar

EUR to USD GBP CHF AUD NZD JPY SGD Canadian dollar 17 June 2011

Currency	Bid	Ask	Chart
EUR/AUD	1.3446706	1.3512149	Chart
EUR/CAD	1.3982385	1.4052639	Chart
EUR/CHF	1.2100937	1.2164715	Chart
EUR/DKK	7.4074897	7.5063700	Chart
EUR/GBP	0.8822090	0.8863563	Chart
EUR/HKD	11.1229551	11.1725466	Chart
EUR/JPY	114.3572085	114.9383460	Chart
EUR/NOK	7.8368439	7.9704499	Chart
EUR/NZD	1.7610441	1.7704136	Chart
EUR/SEK	9.1018221	9.2748871	Chart
EUR/SGD	1.7590003	1.7709214	Chart
EUR/THB	42.7472296	44.3703002	Chart
EUR/USD	1.4275023	1.4334988	Chart

EUR/USD slightly gained 0.1%

EUR/USD slightly gained 0.1%, and retreated from
EUR/USD
1.42 1.4080 as yesterday high. The credit concern in Greece
limited the strength of euro, but market prospect on further
1.40
quantitative easing by Federal Reserve in next week is still
1.38 dominating the USD weakness. EUR/USD may transform
from uptrend to range trading mode.

euro dollar to October 26, 2010

euro dollar to consolidate. Pair underpinned by weak USD sentiment, positive investor risk sentiment, EUR demand from sovereign central banks; stronger-than-expected 5.3% on-month rise in euro-zone August new industrial orders (vs +3.0% forecast); ECB''''s Weber saying FX rates should be freely determined by market and protectionist tendencies must be avoided - implicit nod for higher euro. But EUR/USD gains tempered by profit-taking on euro-longs as market participants wary of disappointment from U.S. Federal Reserve in terms of size of stimulus package; lingering concerns over economic & fiscal health of several euro-zone nations - Pimco''''s chief executive El-Erian expects Greece to default on its debt in 3 years. Data focus: 0610 GMT German November GfK consumer climate survey. EUR/USD daily chart mixed as MACD bearish but stochastics neutral. Support at 1.3932 (yesterday''''s low), then at 1.3894 (hourly chart) and 1.3855 (Friday''''s low); breach would expose downside to 1.3696 (Wednesday''''s low), then 1.3635 (Oct. 5 low), 1.3558 (Sept. 30 low, matching 38.2% Fibonacci correction of 1.2584-1.4161 Aug. 24-Oct. 15 advance) and 1.3380 (Sept. 28 low, just above 50% correction). Resistance at 1.4061 (hourly chart), then at 1.4080 (yesterday''''s high); breach would expose upside to 1.4161 (9-month high set Oct. 15), then 1.4197 (Jan. 25 high), 1.4216 (previous base set Dec. 22, 2009) and psychological 1.4500.

euro dollar October 26, 2010

EUR/USD slightly gained 0.1%, and retreated from EUR/USD 1.42 1.4080 as yesterday high. The credit concern in Greece limited the strength of euro, but market prospect on further 1.40quantitative easing by Federal Reserve in next week is still 1.38 dominating the USD weakness. EUR/USD may transform from uptrend to range trading mode.

Euro Exchange rate October 26, 2010

Euro Exchange rate October 26, 2010
Currency Bid Ask Chart
EUR/AUD 1.4064349 1.4133291 Chart
EUR/CAD 1.4183310 1.4253843 Chart
EUR/CHF 1.3577672 1.3647061 Chart
EUR/DKK 7.4076833 7.5064085 Chart
EUR/GBP 0.8747166 0.8788236 Chart
EUR/HKD 10.7504333 10.7982020 Chart
EUR/JPY 112.5490128 113.1177898 Chart
EUR/NOK 8.0616301 8.1981714 Chart
EUR/NZD 1.8483608 1.8583324 Chart
EUR/SEK 9.2346604 9.4091081 Chart
EUR/SGD 1.7963253 1.8084642 Chart
EUR/THB 40.6385388 42.1893957 Chart
EUR/USD 1.3859009 1.3917002 Chart

EURO-YEN TECHS: Bull-divergence Signals Seen On..

EURO-YEN TECHS: Bull-divergence Signals Seen On Weekly Charts
RES 4: Y116.50/69 38.2% of 2010 decline, 50% of April decline
RES 3: Y115.55/64/67 Boll band top, Res line fm Aug 2008, High 7 Oct
RES 2: Y114.79 Daily highs 14, 15 Oct
RES 1: Y113.57/93 Kijun line of Ichimoku cloud, 21-day moving average
CURRENT PRICE: Y112.88
SUP 1: Y113.20 5-day moving average
SUP 2: Y111.06/24/35 55-day MA, 2% MA envelope, 100-day moving average
SUP 3: Y110.56 50.0% retracement of rally from Aug/Sep
SUP 4: Y110.09 Ichimoku cloud top
COMMENTARY: Bullish divergence signals now seen on weekly charts, which
implies risk of an upside break above trend line from Aug 2008, today
valued at Y115.64. Initial resistance is at Y113.57/93, where former is
the Kijun line of the Ichimoku cloud and latter the 21-day moving
average. Support comes in at the 5-day moving average at Y113.20.

EURO-DOLLAR TECHS: Bearish After Fail To Break...

EURO-DOLLAR TECHS: Bearish After Fail To Break Above $1.4046 Fibo
RES 4: $1.4189/94 High 25 Jan
RES 3: $1.4149/54 Top of Bollinger band, High 15 Oct
RES 2: $1.4046 76.4% of $1.4154 to $1.3698
RES 1: $1.3990 High 20 Oct
CURRENT LEVEL: $1.3883
SUP 1: $1.3817/32 21-day moving average, 61.8% of $1.3698 to $1.4051
SUP 2: $1.3692/98 High 12 Apr, Low 20 Oct
SUP 3: $1.3618 23.6% of $1.1881 to $1.4154
SUP 4: $1.3560 Minor low 30 Sep
COMMENTARY: Euro is trading back under pressure following inability to
break above $1.4046 -- 76.4% of $1.4154 to $1.3698 move, with slide now
favoured to $1.3817/32, where former is the 21-day moving average and
latter the 61.8% of $1.3698 to $1.4051 move. Break below here puts
$1.3692/98 area back into focus. The daily studies are bearish.

EURO-DOLLAR: Traders suggesting the sharp reversal...

EURO-DOLLAR: Traders suggesting the sharp reversal off Ifo react highs
around $1.3930, with move taking out the support level at $1.3880 that
saw rate drop to $1.3858 suggested to have been another Middle Eastern
drive by selling spree. Rate currently trades back around $1.3882.
Traders confirm demand in place toward $1.3850 with stops not seen
placed on a break of $1.3840.

EURO-DOLLAR: Corrective pullback extends toward

EURO-DOLLAR: Corrective pullback extends toward $1.3910 as traders
report semi official buying seen in dollar-Swiss. Deamnd seen in place
at $1.3900, a break to open a deeper move toward the overnight low at
$1.3889. Suggestions around that some Asian sovereigns may have demand
interest into $1.3880. Below here and rate can ease on toward $1.3850.
Focus moves onto the release of Germany Ifo at 0800GMT. Resistance now
seen at $1.3950 ahead of stronger level at $1.3970.

EURO-DOLLAR: Closed in NY at $1.3920, having its off.

EURO-DOLLAR: Closed in NY at $1.3920, having extended its correction off
intraday highs at $1.4051 to $1.3904 as dollar short positions were seen
pared ahead of the weekend's G20 FinMin meeting. Fairly subdued Asian
session with the focus on any comments related to the weekend meet,
though those that were reported had little effect. Rate initially eased
to lows of $1.3889 on UK clearer sales, the move though failing to
trigger reported stops through $1.3870/60. Rate drifted back up to
$1.3900, momentum funds taking it on to $1.3920 before Asian sovereign
buys lifted it on to $1.3935. Fresh demand ahead of the European open
took rate on to $1.3967, with further demand slightly extending this
move to $1.3970 (50% $1.4051/1.3889) into early Europe. Rate retains a
buoyant tone, currently holding around $1.3965. Above $1.3970 to open a
move toward $1.3990 (61.8%) ahead of $1.4010/15 ($1.4013 76.4%). A break
of $1.4020 to expose $1.4051, the level seen as key, being the 76.4%
retrace of the bigger move down from $1.4161 to $1.3697. Above here and
the mentioned $1.4215 one touch for Oct 27 moves into focus.

ECB:Trichet Doesn't Subscribe To All Parts Of New EU Fiscal Rules

European Central Bank president Jean-Claude Trichet doesn't fully endorse new European Union fiscal rules, an ECB spokesman said Thursday.

The spokesman said 'it is correct that the president of the ECB does not subscribe to all elements of the report.'

EU finance ministers reached a deal Monday to tighten rules governing the bloc's public finances, handing more power to the European Commission, the EU's executive arm, to act against countries that violate them.

Euro dollar October 20, 2010

Euro dollar to trade with bearish bias. Pair undermined by unwinding of long-EUR carry trades on increased risk aversion, China's rate hike, lingering concerns over economic & fiscal health of several euro-zone nations. But Euro dollar losses tempered by expectations of more QE measures from U.S. Federal Reserve, EUR demand from sovereign central banks. EUR sentiment soothed by sharp rise in German ZEW current conditions index to 72.6 in October from September's 59.9 (vs 63.5 expected), though ZEW expectations index fell to minus 7.2 in October (lowest since January 2009, below minus 7 forecast) from minus 4.3 in September. Data focus: 0600 GMT German September PPI. EUR/USD daily chart negative-biased as MACD Bearish, stochastics falling from overbought; bearish parabolic stop-and-reverse signal hit at 1.3808 yesterday. Support at 1.3711 (yesterday's low); breach would expose downside to 1.3635 (Oct. 5 low), then 1.3558 (Sept. 30 low, matching 38.2% Fibonacci correction of 1.2584-1.4161 Aug. 24-Oct. 15 advance) and 1.3380 (Sept. 28 low, just above 50% correction). Resistance at 1.3829 (previous low set Monday); breach would expose upside to 1.3883 (hourly chart), then 1.4003 (yesterday's high) and 1.4161 (Friday's 9-month high).

Euro dollar September 19, 2010

EUR/USD to trade with bearish bias. Pair undermined by USD-positive comments from U.S. Treasury Secretary Geithner; lingering effect from ECB President Trichet's recent comments supporting bank's purchase of government bonds issued by weaker euro-zone members; concerns over economic & fiscal health of some euro-zone nations. But EUR/USD losses tempered by expectations of more QE measures from U.S. Federal Reserve, increased investor risk tolerance, EUR demand from sovereign central banks. Data focus: 0800 GMT August euro-zone balance of payments, 0900 GMT euro-zone August construction output. EUR/USD daily chart negative-biased as stochastics bearish at overbought, MACD staged bearish crossover against its exponential moving average. Support at 1.3878 (hourly chart), then at 1.3829 (yesterday's low); breach would expose downside to 1.3773 (Oct. 12 low), then 1.3635 (Oct. 5 low). Resistance at 1.3998 (yesterday's high), then at 1.4031 (hourly chart); breach would expose upside to 1.4161 (Friday's 9-month high), then 1.4197 (Jan. 25 high), 1.4216 (previous base set Dec. 22, 2009) and psychological 1.4500.

EU Governments Reach Deal On Sanctions, Possible Treaty Changes

European Union governments reached a deal Monday to tighten rules governing the bloc's public finances, handing more power to the European Commission, the EU's executive arm, to act against countries that violate them. EU finance ministers, sitting on a group led by European Council President Herman Van Rompuy, told reporters after meetings here that the task force would also consider recommending changes to the EU's governing treaties. Such changes, championed by German Chancellor Angela Merkel, would require approval of every EU member to create new penalties and possibly a permanent 'crisis resolution mechanism.' Merkel and French President Nicolas Sarkozy said earlier Monday after meeting in Deauville, France, that they had reached a common position on the sanctions and on treaty changes to be sought by 2013, including creation of the permanent crisis mechanism and voting rights penalties for countries that seriously violate their fiscal obligations. In return for French support of the potential treaty changes, Germany accepted 'quasi-automatic' sanctions against countries that break bloc rules that would require input from EU members, instead of the tougher automatic sanctions it had sought earlier. German Deputy Finance Minister Joerg Asmussen said the deal represented a 'clear strengthening of the rules of the Stability and Growth Pact' that governs EU member states' fiscal commitments. Monday's agreement between the ministers is a bid to strengthen the commission's authority to enforce the rules and prevent national governments from interfering with their enforcement. The commission was stymied in its attempts to sanction France and Germany for breaking the rules in 2003, an episode that critics say prevented the commission from fining Greece as it ran up huge debt and deficits over the last decade. The deal will allow the commission to place countries on the path to being sanctioned even if they aren't violating the budget rules, which require countries to keep their budget deficits below 3% of gross domestic product and their total debt below 60% of GDP. The agreement envisions a two-step enforcement process: first, the commission would designate countries that are close to or already violating the rules, a step that will require the assent of a qualified majority of EU countries. The second step will allow the commission to impose sanctions automatically, unless a qualified majority of countries votes to block the sanctions. The ministers agreed to allow the commission to propose sanctions without going through the first steps if a country's finances are in particularly bad condition, an EU diplomat said. 'Obviously this is a compromise but we've taken an important step forward to a stronger fiscal framework,' said Swedish Finance Minister Anders Borg.

U.S. dollar Exchange rate October 18, 2010

U.S. dollar Exchange rate October 18, 2010 Currency Bid Ask Chart USD/CAD 1.0144368 1.0181644 Chart USD/CHF 0.9595799 0.9629212 Chart USD/DKK 5.3299555 5.3984795 Chart USD/HKD 7.7502000 7.7666000 Chart USD/JPY 81.1549014 81.4551978 Chart USD/NOK 5.7787947 5.8738908 Chart USD/SEK 6.6036797 6.7252727 Chart USD/SGD 1.2975056 1.3056966 Chart USD/THB 29.2679430 30.3656109 Chart AUD/USD 0.9824409 0.9858601 Chart EUR/USD 1.3861005 1.3919006 Chart GBP/USD 1.5909431 1.5970582 Chart NZD/USD 0.7497865 0.7529148 Chart

Euro Exchange rate October 18, 2010

Euro Exchange rate October 18, 2010 CurrencyBidAskChart EUR/AUD 1.4071489 1.4140470 Chart EUR/CAD 1.4076596 1.4146683 Chart EUR/CHF 1.3314351 1.3382637 Chart EUR/DKK 7.4028518 7.5015182 Chart EUR/GBP 0.8693395 0.8734185 Chart EUR/HKD 10.7502948 10.7980628 Chart EUR/JPY 112.6044488 113.1734580 Chart EUR/NOK 8.0263380 8.1623550 Chart EUR/NZD 1.8436889 1.8536296 Chart EUR/SEK 9.1729297 9.3463984 Chart EUR/SGD 1.8011713 1.8133399 Chart EUR/THB 40.6111636 42.1612130 Chart EUR/USD 1.3859009 1.3917002 Chart

Euro dollar September 18, 2010

Euro dollar to consolidate after setting fresh 9-month high of 1.4161 on EBS Friday. Pair undermined by profit-taking on euro-longs; wider-than-expected euro-zone August trade deficit of EUR4.3 billion; ECB President Trichet''''s comment Sunday central bank governing council as a whole didn''''t agree with Weber''''s remarks last week that ECB''''s government-bond purchase program had no effect on financial markets and should be phased out; lingering concerns over economic & fiscal health of some euro-zone nations. But EUR/USD losses tempered by EUR demand from sovereign central banks. EUR/USD daily chart mixed as MACD bullish, but stochastics turned bearish at overbought; bearish key-reversal-day pattern completed Friday. Support at 1.3935 (Friday''''s low), then at 1.3909 (Wednesday''''s low); breach would expose downside to 1.3773 (Tuesday''''s low), then 1.3635 (Oct. 5 low). Resistance at 1.4046 (hourly chart), then at 1.4161 (Friday''''s high); breach would reinstate near-term positive bias, targeting 1.4197 (Jan. 25 high), then 1.4216 (previous base set Dec. 22, 2009) and psychological 1.4500.

Euro Exchange rate September 15, 2010

Euro Exchange rate September 15, 2010 Currency Bid Ask Chart EUR/AUD 1.4133607 1.4202754 Chart EUR/CAD 1.4083595 1.4153769 Chart EUR/CHF 1.3374298 1.3442913 Chart EUR/DKK 7.4027335 7.5014577 Chart EUR/GBP 0.8758333 0.8799368 Chart EUR/HKD 10.8743798 10.9226456 Chart EUR/JPY 114.0481004 114.6237107 Chart EUR/NOK 8.0103238 8.1462554 Chart EUR/NZD 1.8505230 1.8604744 Chart EUR/SEK 9.1411099 9.3143491 Chart EUR/SGD 1.8131143 1.8253600 Chart EUR/THB 41.0069886 42.5725382 Chart EUR/USD 1.4017711 1.4076300 Chart

U.S. dollar Exchange rate September 15, 2010

U.S. dollar Exchange rate September 15, 2010 Currency Bid Ask Chart USD/CAD 1.0032529 1.0069483 Chart USD/CHF 0.9529883 0.9563129 Chart USD/DKK 5.2734865 5.3413485 Chart USD/HKD 7.7502000 7.7666000 Chart USD/JPY 81.2547597 81.5553394 Chart USD/NOK 5.7065139 5.8005717 Chart USD/SEK 6.5105947 6.6307577 Chart USD/SGD 1.2913232 1.2994790 Chart USD/THB 29.1989381 30.2946158 Chart AUD/USD 0.9892315 0.9926695 Chart EUR/USD 1.4010725 1.4069287 Chart GBP/USD 1.5969331 1.6030682 Chart NZD/USD 0.7551785 0.7583228 Chart

EURO-DOLLAR: The euro was closing at $1.4065, down...

EURO-DOLLAR: The euro was closing at $1.4065, down from the new
eight-month high of $1.4123 posted earlier. The close above $1.4025/30,
both last Thursday's high and the high seen February 3, suggests scope
for a retest of the January 25 peaks at $1.4197, if not the 2010 high of
$1.4582, seen January 13. Bob Lynch, senior currency strategist at HSBC,
was wary of calling for a new $1.40 to $1.45 range. "I don't know if the
euro can hold these levels on a sustained basis," he says. "A lot of QE
expectations are already built into the dollar," Lynch adds.