Ramsey
08-04-2003, Tue 10:28 AM
EUR/USD
http://www.fxonline.sk/grafy/maly/1.png
Yesterday's Close:1.0695 High:1.0704 Low:1.0560
The dollar rose as high as $1.0560 per euro overnight. By late afternoon in New York, the dollar was up about a third of a percent versus the euro at $1.0695 and 0.17 percent.
Resistance Levels:1.0710/20, 1.0750/60,1.0820/30
Support Levels:1.0650/60 1.0600/10, 1.0580
USD/JPY
http://www.fxonline.sk/grafy/maly/2.png
Yesterday's Close:119.78 High:120.89 Low:119.69
Against the yen, the dollar gave up its early gains to trade at 119.78 yen,down 0.19 percent on the session.
Resistance Levels:120.80/90, ,121.30/40, 122.10/20
Support Levels:119.50/60, 119.30, 118.80/90
USD/CHF
http://www.fxonline.sk/grafy/maly/5.png
Yesterday's Close:1.3880 High:1.4080 Low:1.3868
The dollar rallied to 1.4080 Swiss francs ,a three-month high, before paring gains during U.S. hours.At close the dollar had lost it earlier gains to close around 1.3880 francs.
Comments by Swiss National Bank Vice Chairman Bruno Gehrig that he could not rule out currency intervention if the franc should spike up marginally helped the dollar.
Resistance Levels:1.3950/60, 1.4050/60, 1.4150
Support Levels:1.3750/60 1.3680/90 , 1.3550
GBP/USD
http://www.fxonline.sk/grafy/maly/4.png
Yesterday's Close:1.5545 High:1.5590 Low:1.5462
Sterling hit a four-month low on the dollar on Monday as the dollar surged across the board after U.S. troops advanced into central Baghdad, while strong UK manufacturing data did little to help the British currency.
UK data showed manufacturing output in Britain staged another surprise rise in February, beating analyst expectations of a small decline from the previous month. Manufacturing output, which accounts for a fifth of the economy, rose 0.3 percent in February from January
Stumbling blocks could lie ahead for sterling later this week after UK Chancellor of the Exchequer Gordon Brown unveils his budget, which many expect to contain cuts in economic growth forecasts and increases in government borrowing targets. These shifts are seen underscoring market concerns about the British economy, which took sterling at the start of this month to four-year lows on a trade-weighed basis. Worries over the U.K. economy are also fuelling market talk that the Bank of England's Monetary Policy Committee may cut interest rates on Thursday, even though the consensus among analysts is still for steady borrowing costs.
Sterling later cut its losses to trade at $1.5540, a loss of 0.43 percent on the day.
Resistance Levels:1.5580/90, 1.5620/30, 1.5675/85
Support Levels:1.5500/10, 1.5460/65/ 1.5410/20
http://www.fxonline.sk/grafy/maly/1.png
Yesterday's Close:1.0695 High:1.0704 Low:1.0560
The dollar rose as high as $1.0560 per euro overnight. By late afternoon in New York, the dollar was up about a third of a percent versus the euro at $1.0695 and 0.17 percent.
Resistance Levels:1.0710/20, 1.0750/60,1.0820/30
Support Levels:1.0650/60 1.0600/10, 1.0580
USD/JPY
http://www.fxonline.sk/grafy/maly/2.png
Yesterday's Close:119.78 High:120.89 Low:119.69
Against the yen, the dollar gave up its early gains to trade at 119.78 yen,down 0.19 percent on the session.
Resistance Levels:120.80/90, ,121.30/40, 122.10/20
Support Levels:119.50/60, 119.30, 118.80/90
USD/CHF
http://www.fxonline.sk/grafy/maly/5.png
Yesterday's Close:1.3880 High:1.4080 Low:1.3868
The dollar rallied to 1.4080 Swiss francs ,a three-month high, before paring gains during U.S. hours.At close the dollar had lost it earlier gains to close around 1.3880 francs.
Comments by Swiss National Bank Vice Chairman Bruno Gehrig that he could not rule out currency intervention if the franc should spike up marginally helped the dollar.
Resistance Levels:1.3950/60, 1.4050/60, 1.4150
Support Levels:1.3750/60 1.3680/90 , 1.3550
GBP/USD
http://www.fxonline.sk/grafy/maly/4.png
Yesterday's Close:1.5545 High:1.5590 Low:1.5462
Sterling hit a four-month low on the dollar on Monday as the dollar surged across the board after U.S. troops advanced into central Baghdad, while strong UK manufacturing data did little to help the British currency.
UK data showed manufacturing output in Britain staged another surprise rise in February, beating analyst expectations of a small decline from the previous month. Manufacturing output, which accounts for a fifth of the economy, rose 0.3 percent in February from January
Stumbling blocks could lie ahead for sterling later this week after UK Chancellor of the Exchequer Gordon Brown unveils his budget, which many expect to contain cuts in economic growth forecasts and increases in government borrowing targets. These shifts are seen underscoring market concerns about the British economy, which took sterling at the start of this month to four-year lows on a trade-weighed basis. Worries over the U.K. economy are also fuelling market talk that the Bank of England's Monetary Policy Committee may cut interest rates on Thursday, even though the consensus among analysts is still for steady borrowing costs.
Sterling later cut its losses to trade at $1.5540, a loss of 0.43 percent on the day.
Resistance Levels:1.5580/90, 1.5620/30, 1.5675/85
Support Levels:1.5500/10, 1.5460/65/ 1.5410/20