Ramsey
25-04-2003, Fri 9:49 AM
EUR/USD
http://www.fxonline.sk/grafy/maly/1.png
Yesterday's Close:1.1032 High:1.1048 Low:1.0947
The euro rose to new six-week highs at $1.1048 versus the dollar ,up 0.75 percent from its Wednesday close and a 1/3 of a cent from a 4-year high at $1.1084.
Resistance Levels:1.1070/80, 1.1100/10, 1.1250/60
Support Levels:1.1000/10, ,1.0960/70 1.0920/30.
USD/JPY
http://www.fxonline.sk/grafy/maly/2.png
Yesterday's Close:119.98 High:120.71 Low:119.54
Japanese investors in search of higher yielding assets sent the euro to 132.40 its highest since May 1999 against the yen for the fourth consecutive day. But the relative lack of interest in U.S. debt kept the dollar pinned below 120 yen, off 0.60 percent.
Resistance Levels:120.20/30 , 120.70/80, 121.10/20
Support Levels:119.50/60, 119.10/20, 118.80/90
USD/CHF
http://www.fxonline.sk/grafy/maly/5.png
Yesterday's Close:1.3613 High:1.3768 Low:1.3575
The dollar fell by more than 1.20 percent against the Swiss franc to 1.3575 ,also at a six-week low.It recovered late on to close around 1.3610.
Resistance Levels:1.3680/90, 1.3770/80, 1.3830/40
Support Levels:1.3570/80, 1.3510/20, 1.3450/60
GBP/USD
http://www.fxonline.sk/grafy/maly/4.png
Yesterday's Close:1.5933 High:1.5979 Low:1.5837
Sterling rose against the dollar for a third straight session on Thursday but remained soft near its recent four-year low on the euro as concerns over the U.S. economy weighed on the dollar versus the euro.
The market was so preoccupied with the euro's advance that it drew little from a report by UK's Financial Times that Prime Minister Tony Blair has agreed to rule out an early referendum on British entry to the euro.
The paper said this followed an assessment by Finance Minister Gordon Brown that the Treasury's five economic tests on joining the euro pointed to a decisive No. By close, sterling stood at $1.5925 ,having risen to a one-month high of $1.5979 .Much of the activity took place early in Europe, leaving the pair drifting in a tight range throughout the session.
Analysts said that the current move higher is a result of a weak dollar, which is coming under pressure across the board. Cable has broken key resistance at $1.5840...and the $1.5895 level, opening scope for further near-term gains, with the next target of $1.5995 and then the $1.6155 barrier>
Against the euro it erased early losses to hold steady on the day at 69.28 pence but was still near its four-year low of 69.77 set on Wednesday.
On Friday, Britain's preliminary first quarter gross domestic produt data is due at 0830 GMT. It is expected to show year-on-year growth at 2.3 percent, up from 2.2 in the previous quarter.
Resistance Levels: 1.5990/00, 1.6050/60, 1.6140/50
Support Levels:1.5880/90, 1.5820/30, 1.5790/00
http://www.fxonline.sk/grafy/maly/1.png
Yesterday's Close:1.1032 High:1.1048 Low:1.0947
The euro rose to new six-week highs at $1.1048 versus the dollar ,up 0.75 percent from its Wednesday close and a 1/3 of a cent from a 4-year high at $1.1084.
Resistance Levels:1.1070/80, 1.1100/10, 1.1250/60
Support Levels:1.1000/10, ,1.0960/70 1.0920/30.
USD/JPY
http://www.fxonline.sk/grafy/maly/2.png
Yesterday's Close:119.98 High:120.71 Low:119.54
Japanese investors in search of higher yielding assets sent the euro to 132.40 its highest since May 1999 against the yen for the fourth consecutive day. But the relative lack of interest in U.S. debt kept the dollar pinned below 120 yen, off 0.60 percent.
Resistance Levels:120.20/30 , 120.70/80, 121.10/20
Support Levels:119.50/60, 119.10/20, 118.80/90
USD/CHF
http://www.fxonline.sk/grafy/maly/5.png
Yesterday's Close:1.3613 High:1.3768 Low:1.3575
The dollar fell by more than 1.20 percent against the Swiss franc to 1.3575 ,also at a six-week low.It recovered late on to close around 1.3610.
Resistance Levels:1.3680/90, 1.3770/80, 1.3830/40
Support Levels:1.3570/80, 1.3510/20, 1.3450/60
GBP/USD
http://www.fxonline.sk/grafy/maly/4.png
Yesterday's Close:1.5933 High:1.5979 Low:1.5837
Sterling rose against the dollar for a third straight session on Thursday but remained soft near its recent four-year low on the euro as concerns over the U.S. economy weighed on the dollar versus the euro.
The market was so preoccupied with the euro's advance that it drew little from a report by UK's Financial Times that Prime Minister Tony Blair has agreed to rule out an early referendum on British entry to the euro.
The paper said this followed an assessment by Finance Minister Gordon Brown that the Treasury's five economic tests on joining the euro pointed to a decisive No. By close, sterling stood at $1.5925 ,having risen to a one-month high of $1.5979 .Much of the activity took place early in Europe, leaving the pair drifting in a tight range throughout the session.
Analysts said that the current move higher is a result of a weak dollar, which is coming under pressure across the board. Cable has broken key resistance at $1.5840...and the $1.5895 level, opening scope for further near-term gains, with the next target of $1.5995 and then the $1.6155 barrier>
Against the euro it erased early losses to hold steady on the day at 69.28 pence but was still near its four-year low of 69.77 set on Wednesday.
On Friday, Britain's preliminary first quarter gross domestic produt data is due at 0830 GMT. It is expected to show year-on-year growth at 2.3 percent, up from 2.2 in the previous quarter.
Resistance Levels: 1.5990/00, 1.6050/60, 1.6140/50
Support Levels:1.5880/90, 1.5820/30, 1.5790/00