Ramsey
01-04-2003, Tue 10:09 AM
EUR/USD
http://www.fxonline.sk/grafy/maly/1.png
Yesterday's Close:1.0915 High:1.0925 Low:1.0781
The euro scaled to new two-week highs at $1.0925 a gain of 1.4 percent on the day and up 4 cents from its low at the start of the war.
Resistance Levels:1.0930/40, 1.0960/70, 1.1000
Support Levels:1.0850/60, ,1.0820/30, 1.0770/80
USD/JPY
http://www.fxonline.sk/grafy/maly/2.png
Yesterday's Close:118.00 High:120.18 Low:117.86
The U.S. currency fell as low as 117.86 yen , off 1.6 percent and just shy of a two-week low after deriving little comfort from news that Japanese officials had sold yen in March to keep the currency weak.
Resistance Levels:118.30/40 ,118.80/90 , 119.10/20
Support Levels:117.60/70 , 117.30, 116.50
USD/CHF
http://www.fxonline.sk/grafy/maly/4.png
Yesterday's Close:1.3512 High:1.3692 Low:1.3500
The dollar bought 1.3512 Swiss francs down 1.4 percent and at a more than two-week low.
Resistance Levels:1.3550/60,1.3620/30 1.3720/30
Support Levels:1.3510/20,1.3460, 1.3400/10
GBP/USD
http://www.fxonline.sk/grafy/maly/5.png
Yesterday's Close:1.5815 High:1.5835 Low:1.5730
Sterling fell nearly half a penny against the euro on Monday, close to three-week lows as it slid in solidarity with the dollar on market worries over the prospects of a prolonged war in Iraq.
The pound has suffered along with the dollar on increasing perceptions that the war, in which Britain is playing a major part alongside the United States, is not going according to plan. By close the pound had weakened as far as 69.01 pence per euro,its worst showing since March 11. However, against the dollar, it rose as high as $1.5835,its highest since March 17, before the Iraq war started.
The Bank of England (BoE) said net consumer credit grew by 1.49 billion pounds ($2.33 billion) in February, higher than the 1.3 billion pound rise expected by analysts and also seen in the previous month.
Monday's data came as a slightly pleasant surprise after data on Friday showed British consumer confidence hit a seven-year low, though dealers said volumes were very thin due to the war, which is the dominant factor in the market.
Monday's data also showed growth in mortgage lending, while remaining strong, slowed in February, raising questions as to whether the housing market, a key determinant of consumer spending, has peaked.
Resistance Levels:1.5840/50, 1.5890/00, 1.5930/40
Support Levels:1.5770/75, , 1.5730/35, 1.5680/90
http://www.fxonline.sk/grafy/maly/1.png
Yesterday's Close:1.0915 High:1.0925 Low:1.0781
The euro scaled to new two-week highs at $1.0925 a gain of 1.4 percent on the day and up 4 cents from its low at the start of the war.
Resistance Levels:1.0930/40, 1.0960/70, 1.1000
Support Levels:1.0850/60, ,1.0820/30, 1.0770/80
USD/JPY
http://www.fxonline.sk/grafy/maly/2.png
Yesterday's Close:118.00 High:120.18 Low:117.86
The U.S. currency fell as low as 117.86 yen , off 1.6 percent and just shy of a two-week low after deriving little comfort from news that Japanese officials had sold yen in March to keep the currency weak.
Resistance Levels:118.30/40 ,118.80/90 , 119.10/20
Support Levels:117.60/70 , 117.30, 116.50
USD/CHF
http://www.fxonline.sk/grafy/maly/4.png
Yesterday's Close:1.3512 High:1.3692 Low:1.3500
The dollar bought 1.3512 Swiss francs down 1.4 percent and at a more than two-week low.
Resistance Levels:1.3550/60,1.3620/30 1.3720/30
Support Levels:1.3510/20,1.3460, 1.3400/10
GBP/USD
http://www.fxonline.sk/grafy/maly/5.png
Yesterday's Close:1.5815 High:1.5835 Low:1.5730
Sterling fell nearly half a penny against the euro on Monday, close to three-week lows as it slid in solidarity with the dollar on market worries over the prospects of a prolonged war in Iraq.
The pound has suffered along with the dollar on increasing perceptions that the war, in which Britain is playing a major part alongside the United States, is not going according to plan. By close the pound had weakened as far as 69.01 pence per euro,its worst showing since March 11. However, against the dollar, it rose as high as $1.5835,its highest since March 17, before the Iraq war started.
The Bank of England (BoE) said net consumer credit grew by 1.49 billion pounds ($2.33 billion) in February, higher than the 1.3 billion pound rise expected by analysts and also seen in the previous month.
Monday's data came as a slightly pleasant surprise after data on Friday showed British consumer confidence hit a seven-year low, though dealers said volumes were very thin due to the war, which is the dominant factor in the market.
Monday's data also showed growth in mortgage lending, while remaining strong, slowed in February, raising questions as to whether the housing market, a key determinant of consumer spending, has peaked.
Resistance Levels:1.5840/50, 1.5890/00, 1.5930/40
Support Levels:1.5770/75, , 1.5730/35, 1.5680/90