Ramsey
12-12-2002, Thu 12:03 PM
EUR/USD
N.Y. Close:1.0083 Yesterdays high:1.0099 low:1.0062
The euro was unchanged on the day around $1.0080 .A day earlier, the single currency set three-week peaks at $1.0139 amid lingering concerns about U.S. currency policy.
Resistance Levels:1.0140, 1.0150/60, 1.0180/90
Support Levels:1.0050, 1.0030, 0.9990
USD/JPY
N.Y. Close:123.61 Yesterdays High:124.05 Low: 123.11
Against the yen, the dollar was around 123.60 yen ,down 0.10 percent on the day. The currency pair has traded choppily since O'Neill's sudden resignation, which sent the dollar tumbling from six-month peaks attained with the help of Tokyo's attempts to talk down the yen.
The euro, which set 3-1/2-year highs at 125.65 yen last week, was also modestly weaker, trading around 124.70 yen down a tick from the previous close.
Resistance Levels:123.80, 124.20, 125.10
Support Levels:122.90, 122.20, 121.80,
USD/CHF
N.Y. Close:1.4616 Yesterdays high:1.4648 Low:1.4594
With very little datato provoke the market, the Swiss remainned in a tight trading range closing the day unchanged around 1.4615.
The euro however closed just a tick higher around 1.4738 compared with 1.4732 on previous close.
Resistance Levels:1.4810/20, 1.4850/60, 1.4970/80
Support Levels: 1.4680/90, 1.4610/20
GBP/USD
N.Y. Close:1.5772 Yesterdays High:1.5777 Low:1.5688
Sterling edged up on the euro on Wednesday with help from the single currency dipping against the dollar, but dealers said weak UK trade figures out in the previous session were still waiting to trip up the pound. At close sterling was a touch higher on the euro for the day at 63.95 pence ,back from Tuesday's low of 64.33 pence -- its lowest level since late July.
Sterling was a touch firmer on the dollar at $1.5770 but down about a cent from two-week highs hit early during Tuesday's session. The euro had also pulled back the previous day's three-week highs against the dollar.
Sterling took a beating on Tuesday as Britain recorded its worst trade deficit in October since records began in 1697, with tumbling exports taking the shortfall to nearly 3.6 billion pounds. However, dealers said attention was also focused on U.S. retail sales and current account data on Thursday and a U.S. consumer confidence survey on Friday.
Resistance Levels:1.5790/00, 1.5820/30, 1.5880/90
Support Levels:1.5680, 1.5630/40, 1.5580
N.Y. Close:1.0083 Yesterdays high:1.0099 low:1.0062
The euro was unchanged on the day around $1.0080 .A day earlier, the single currency set three-week peaks at $1.0139 amid lingering concerns about U.S. currency policy.
Resistance Levels:1.0140, 1.0150/60, 1.0180/90
Support Levels:1.0050, 1.0030, 0.9990
USD/JPY
N.Y. Close:123.61 Yesterdays High:124.05 Low: 123.11
Against the yen, the dollar was around 123.60 yen ,down 0.10 percent on the day. The currency pair has traded choppily since O'Neill's sudden resignation, which sent the dollar tumbling from six-month peaks attained with the help of Tokyo's attempts to talk down the yen.
The euro, which set 3-1/2-year highs at 125.65 yen last week, was also modestly weaker, trading around 124.70 yen down a tick from the previous close.
Resistance Levels:123.80, 124.20, 125.10
Support Levels:122.90, 122.20, 121.80,
USD/CHF
N.Y. Close:1.4616 Yesterdays high:1.4648 Low:1.4594
With very little datato provoke the market, the Swiss remainned in a tight trading range closing the day unchanged around 1.4615.
The euro however closed just a tick higher around 1.4738 compared with 1.4732 on previous close.
Resistance Levels:1.4810/20, 1.4850/60, 1.4970/80
Support Levels: 1.4680/90, 1.4610/20
GBP/USD
N.Y. Close:1.5772 Yesterdays High:1.5777 Low:1.5688
Sterling edged up on the euro on Wednesday with help from the single currency dipping against the dollar, but dealers said weak UK trade figures out in the previous session were still waiting to trip up the pound. At close sterling was a touch higher on the euro for the day at 63.95 pence ,back from Tuesday's low of 64.33 pence -- its lowest level since late July.
Sterling was a touch firmer on the dollar at $1.5770 but down about a cent from two-week highs hit early during Tuesday's session. The euro had also pulled back the previous day's three-week highs against the dollar.
Sterling took a beating on Tuesday as Britain recorded its worst trade deficit in October since records began in 1697, with tumbling exports taking the shortfall to nearly 3.6 billion pounds. However, dealers said attention was also focused on U.S. retail sales and current account data on Thursday and a U.S. consumer confidence survey on Friday.
Resistance Levels:1.5790/00, 1.5820/30, 1.5880/90
Support Levels:1.5680, 1.5630/40, 1.5580