| Yours | GMT | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | |
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| Sydney | GMT+10 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | |
| Tokyo | GMT+9 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | |
| Frankfurt | GMT+1 | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | |
| London | GMT+0 | 23 | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | |
| New York | GMT-5 | 18 | 19 | 20 | 21 | 22 | 23 | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | |
| EUR/USD pips | 8 | 10 | 11 | 10 | 10 | 8 | 10 | 13 | 21 | 23 | 20 | 17 | 17 | 18 | 26 | 24 | 30 | 24 | 20 | 16 | 16 | 12 | 9 | 9 | ||
Latest Forex News
| 2009-04-30 23:45:00 | Canadian Economic Funk404 Not FoundDollar mixed in light activity during the American session | FxStreet |
| In the depths of the current recession, Canadian real GDP contracted a further 0.1% in February, the seventh consecutive monthly decline. While this isnFXstreet.com (Buenos Aires) - With thin liquidity ahead of tomorrow’s holiday in several European countries, dollar ended the day mixed across the board, this last day of April. Gbp and Canadian dollar advance against dollar, printing the most interesting winnings of the day, while Euro and Swiss Franc corrected from early European highs, yet spent most of the American session consolidating ending the day negative. Wall Street rallied following previous sessions stocks, despite Chrysler filed for bankruptcy protection in a plan that would provide new ownership for the ailing auto maker. Japanese yen continued loosing reaching against dollar the 99.00 level, yet ended the session around 98.60, above the key 98.45 level. Unwind of safe haven position and rising risk appetite, will probably continue pushing the pair up. For more information, read our latest forex news.
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| 2009-04-30 23:45:00 | Dollar mixed in light activity during the American session | FxStreet |
| FXstreet.com (Buenos Aires) - With thin liquidity ahead of tomorrow’s holiday in several European countries, dollar ended the day mixed across the board, this last day of April. Gbp and Canadian dollar advance against dollar, printing the most interesting winnings of the day, while Euro and Swiss Franc corrected from early European highs, yet spent most of the American session consolidating ending the day negative. Wall Street rallied following previous sessions stocks, despite Chrysler filed for bankruptcy protection in a plan that would provide new ownership for the ailing auto maker. Japanese yen continued loosing reaching against dollar the 99.00 level, yet ended the session around 98.60, above the key 98.45 level. Unwind of safe haven position and rising risk appetite, will probably continue pushing the pair up. For more information, read our latest forex news.
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| 2009-04-30 22:56:47 | Canadian Economic Funk404 Not FoundYen Pressured on Growth Forecasts, Euro and Pound Give Back Overnight Gains | FxStreet |
| In the depths of the current recession, Canadian real GDP contracted a further 0.1% in February, the seventh consecutive monthly decline. While this isnUSD/JPY - Dollar Climbs vs Weak Yen, BOJ Downgrades Growth Forecast The Dollar-Yen pair which broke out of a downward sloping channel yesterday, followed through with another rally today. The pair first retested the 97.15 area in Asian trading, but then climbed 160 pips to test the area right below the 99 level. Stocks soared in Asia and Europe today, though US stocks after opening higher were mainly flat during today's session. The continuation of risk appetite in equities weakened the
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| 2009-04-30 22:56:47 | Yen Pressured on Growth Forecasts, Euro and Pound Give Back Overnight Gains | FxStreet |
| USD/JPY - Dollar Climbs vs Weak Yen, BOJ Downgrades Growth Forecast The Dollar-Yen pair which broke out of a downward sloping channel yesterday, followed through with another rally today. The pair first retested the 97.15 area in Asian trading, but then climbed 160 pips to test the area right below the 99 level. Stocks soared in Asia and Europe today, though US stocks after opening higher were mainly flat during today's session. The continuation of risk appetite in equities weakened the
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| 2009-04-30 22:26:02 | The Daily Forecaster: AUDUSD | ActionForex |
| The break above 0.7299-25 and also 0.7340 saw gains reach the 0.7384 target from where we have seen a pullback lower. If I have any preference here it is bullish even if there is a gaping bearish divergence. The problem with this one is that momentum has already reached oversold... | ||
| 2009-04-30 22:23:27 | Canadian Economic Funk404 Not FoundConsumer Spending and Income Decline Raising Concern about Spending | FxStreet |
| In the depths of the current recession, Canadian real GDP contracted a further 0.1% in February, the seventh consecutive monthly decline. While this isnConsumer Spending and Income Decline Raising Concern about Spending Personal income fell 0.3% in March following a 0.2% drop in February. Personal income has declined in five out of the last six months. It is more troubling to note that personal income on a year-to-year basis grew only 0.3% during March, the smallest gain since 1959 when record keeping began for this series (see chart 1). The wage and salary component of personal income dropped 0.46% in March, the fifth monthly decline in the
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| 2009-04-30 22:23:27 | Consumer Spending and Income Decline Raising Concern about Spending | FxStreet |
| Consumer Spending and Income Decline Raising Concern about Spending Personal income fell 0.3% in March following a 0.2% drop in February. Personal income has declined in five out of the last six months. It is more troubling to note that personal income on a year-to-year basis grew only 0.3% during March, the smallest gain since 1959 when record keeping began for this series (see chart 1). The wage and salary component of personal income dropped 0.46% in March, the fifth monthly decline in the
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| 2009-04-30 22:21:25 | Forex and Dow Jones Recommended Levels | ActionForex |
| EUR/USD Today's support: - 1.3208(main), where correction is possible. Break would give 1.3177, where correction also may be. Then follows 1.3144. Break of the latter would result in 1.1312. If a strong impulse, we would see 1.3078. Continuation will give 1.3046 and 1.3018. | ||
| 2009-04-30 22:18:44 | USD Mixed | FxStreet |
| 4/30/2009 3:24 PM: EUR/$..1.3232 $/JPY..98.59 GBP/$..1.4784 $/CHF..1.1404 AUD/$..0.7260 $/CAD..1.1954 USD Mixed The greenback was in the Thursday session, higher against the yen while slumping against the Australian dollar. Yesterday’s FOMC policy statement propped up the dollar on improved sentiment over the economic outlook. The Fed expressed optimism that the US economic recession may be moderating. The calendar today saw better than expected US reports, with weekly jobless claims declining
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| 2009-04-30 22:16:31 | New York Session | FxStreet |
| The month-end mayhem continued into the NY session and the buck managed to recover some of its overnight losses. US equities went on a rollercoaster ride as better economic data was offset by the news of the Chrysler bankruptcy and some poor earnings reports. Economic reports improved at the margin with jobless claims falling to 631K from 645K while the Chicago PMI jumped to 40.1 from 31.4 – the highest read since September. This helped stocks rally to about +1.7% on the day. The news that
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| 2009-04-30 22:10:27 | U.S. Forex Market Commentary | FxStreet |
| EURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.3190 level and was capped around the US$ 1.3385 level. Many data were released in the U.S. today. First, March personal income was off 0.3% m/m and up 0.3% y/y. Second, personal consumption expenditures were off 0.2% m/m and off 0.9% y/y while core PCE was up 0.2% m/m and 1.8% y/y. Third, Q1 employment costs were up 0.3% q/q, the smallest gain since at least 1982, and were
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| 2009-04-30 22:10:27 | U.S. Forex Market Commentary | FxStreet |
| EURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.3190 level and was capped around the US$ 1.3385 level. Many data were released in the U.S. today. First, March personal income was off 0.3% m/m and up 0.3% y/y. Second, personal consumption expenditures were off 0.2% m/m and off 0.9% y/y while core PCE was up 0.2% m/m and 1.8% y/y. Third, Q1 employment costs were up 0.3% q/q, the smallest gain since at least 1982, and were
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| 2009-04-30 22:10:00 | EUR/USD; good risk/reward | FxStreet |
| FXstreet.com (Barcelona) - Eur/$ continues to chop in tighter and tighter ranges since the Oct low at 1.2335, supported by the bullish trendline since that low (currently at 1.2525), and capped by the bearish trendline from Dec (currently at 1.3330). Note that the market has reversed lower after the earlier spike above that resistance (also a 50% retracement from the March 19th high at 1.3735), potentially forming a bearish “false break”, and raising potential for declines back to the Apr 22nd low at 1.2890 and even the base of the pattern ahead (see “ideal” scenario in red on daily chart below). Looks like a good risk/reward short area here (currently at 1.3260), as a close above that bearish trendline (currently at 1.3330/45) would abort this negative view, and be a sign to stop (limited risk). Note too that such a close above there could trigger a further upside acceleration, so would also reverse to the long side on such a move. Resistance above there is seen at 1.3405/15, while support before 1.2890 is seen at 1.3135/45. Note, stopped on the Apr 21st short at 1.2980 on last week’s break above the bear trendline from early April (then at 1.3110, closed at 1.3140). Longer term no change, as the view that has been in place over the last few months of an extended period of wide ranging, remains in place. At this point, may be forming a large pennant/triangle, generally seen as a continuation pattern, and raising scope for a downside resolution. However, most other currency pairs appear to be pointing to a downside resolution of the $ (upside for eur/$), greatly lowering the confidence in the triangle/pennant view. Note too that a close above the ceiling (currently at 1.3330/45) would abort, and greatly increase the likelihood for gains all the way back to the Dec high at 1.4715 and even temporarily above. Switched the longer term bias to the bearish side in the Apr 21st email, but will want to reverse it to the long side on a close above the ceiling/bearish trendline from Dec. For more information, read our latest forex news.
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| 2009-04-30 21:16:11 | Majors Post Small Gains Ahead Of The European Session | ActionForex |
| Overall, the market saw very strong gains in the early part of the day on Thursday, but the moves were reversed during the rest of the trading day. As such, the Asian sessions starts with the euro, pound, aussie and the swissy trading exactly in the same place as yesterday,... | ||
| 2009-04-30 21:00:00 | Canadian Economic Funk404 Not FoundThursday's News Recap: Chrysler Declares Bankruptcy, U.S. Initial Claims Ease | FxStreet |
| In the depths of the current recession, Canadian real GDP contracted a further 0.1% in February, the seventh consecutive monthly decline. While this isn (CEP News)• Chrysler Files for Bankruptcy • U.S. Weekly Initial Jobless Claims Ease, Continuing Claims Soar• U.S. Consumer Spending Falls 0.2% in March• Canadian GDP Falls 0.7% Play the story: For more information, read our latest forex news.
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| 2009-04-30 21:00:00 | Thursday's News Recap: Chrysler Declares Bankruptcy, U.S. Initial Claims Ease | FxStreet |
(CEP News)• Chrysler Files for Bankruptcy • U.S. Weekly Initial Jobless Claims Ease, Continuing Claims Soar• U.S. Consumer Spending Falls 0.2% in March• Canadian GDP Falls 0.7% Play the story: For more information, read our latest forex news.
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| 2009-04-30 20:55:43 | Foreign Exchange Market Commentary | ActionForex |
| EUR/USD closed lower on Thursday as it consolidated some of this week's rally. The low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI remain bullish signalling that sideways to higher prices are possible near-term. If it extends this week's rally, the reaction... | ||
| 2009-04-30 20:26:23 | Daily Technical Analysis | ActionForex |
| The EURUSD was in critical situation yesterday. The pair attempted to push higher, topped at 1.3383 but further bullish scenario was rejected as the pair whipsawed to the downside, hit the bottom at 1.3192 and closed at 1.3228. On h4 chart below we can see that the pair attempted to... | ||
| 2009-04-30 20:07:03 | The Daily Forecaster: GBPUSDYen Pressured On Growth Forecasts, Euro And Pound Give Back Overnight Gains | ActionForex |
| My neck was unceremoniously sliced off very quickly yesterday as price pushed higher right from the startThe Dollar-Yen pair which broke out of a downward sloping channel yesterday, followed through with another rally today. The pair first retested the 97.15 area in Asian trading, but then climbed 160 pips to test the area right below the 99 level. Stocks soared in Asia and Europe today, though... | ||
| 2009-04-30 19:39:48 | Forex Exchange Morning Report | ActionForex |
| US equities rose on the opening bell, but then faltered, as Chrysler's bankruptcy filing weighed on investors who were otherwise reassured by better-than-expected corporate earnings (Dow Chemical the notable result last night) and slightly improved economic data (jobless claims, regional industrial production). Chrysler filed for bankruptcy after restructuring talks with... | ||