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Thread: Currency Daily News (Updated daily)

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    Default Currency Daily News (Updated daily)

    Forex Review - April, 07 2008

    The dollar fell on Friday after a report showed the U.S. economy shed jobs for a third straight month, confirming fears that the country may already be in a recession.

    Both the euro and yen posted gains on the greenback after the government said U.S. employers cut 80,000 jobs in March, more than expected and the biggest monthly fall in five years.

    The dollar had recovered most of its earlier losses by late afternoon, however, as traders said the data did not come as a big surprise to a market that has long expected the Federal Reserve to cut interest rates again
    late this month.

    In late trade, the euro was up 0.3 percent at $1.5728. It had climbed as high as $1.5774 after the jobs data but ran into aggressive selling at that level. The dollar was at 101.58 yen, 0.7 percent below late Thursday, and fell
    0.4 percent to 1.0060 Swiss francs.

    But it was up 3 percent against the Japanese currency on the week, on track for its biggest weekly gain since 2004. The dollar index, which measures the greenback against a basket of major currencies, ended the week 0.5 percent higher.

    The ECB is expected to hold interest rates at 4 percent, but a string of recent weak euro zone data has traders waiting to see if President Jean-Claude Trichet softens his stance on inflation, which could signal a rate cut later this year.

    Steady euro zone rates at a time when the Fed has slashed U.S. benchmark rates from 5.25 percent to 2.25 percent in recent months have boosted the euro's appeal over the dollar.

    Elsewhere, the Australian dollar managed a 0.6 percent gain against its U.S. counterpart despite an unexpected dip in Australian February retail sales data.


    EURO/USD
    Trend : Hourly Trend Sideways, Daily Trend Sideways
    Suggestion : Buy 1.5650
    Objective : 1.5770
    Stop Loss : 1.5620
    Range : 1.5785 1.5635
    Resistance : 1.5740 1.5785 1.5815
    Support : 1.5680 1.5635 1.5575

    USD/JPY
    Trend : Hourly Trend Down, Daily Trend Up
    Suggestion : Sell 102.45
    Objective : 101.20
    Stop Loss : 102.75
    Range : 102.60 101.05
    Resistance : 102.05 102.60 102.95
    Support : 101.45 101.05 100.65

    GBP/USD
    Trend : Hourly Trend Sideways, Daily Trend Sideways
    Suggestion : Buy 1.9890
    Objective : 2.0000
    Stop Loss : 1.9860
    Range : 2.0015 1.9875
    Resistance : 1.9975 2.0015 2.0050
    Support : 1.9910 1.9875 1.9845

    USD/CHF
    Trend : Hourly Trend Down, Daily Trend Sideways
    Suggestion : Sell 1.0115
    Objective : 1.0030
    Stop loss : 1.0145
    Range : 1.0130 1.0015
    Resistance : 1.0090 1.0130 1.0165
    Support : 1.0050 1.0015 0.9975

    AUD/USD
    Trend : Hourly Trend Up, Daily Trend Sideways
    Suggestion : Buy 0.9190
    Objective : 0.9235
    Stop loss : 0.9160
    Range : 0.9250 0.9175
    Resistance : 0.9230 0.9250 0.9275
    Support : 0.9200 0.9175 0.9150

    To watch Economic Calender, Click Here


    sm_win

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    well where did u get this information from?

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    Default Forex Review Tuesday, April 08 2008

    Forex Review (Tuesday, April 08 2008)

    The dollar advanced against the yen and euro on Monday as stabilizing financial markets raised optimism that the worst of the financial crisis might be
    over, encouraging some investors to buy riskier assets.

    Analysts said the dollar also got some support as traders were reluctant to buy the euro ahead of the European Central Bank policy meeting on Thursday and the G7 nations' gathering late in the week.

    While sentiment toward the dollar had improved, worries about the overall health of the U.S. economy continued to cast a pall over the market, restricting the greenback's gains, they said. Data on Friday showed the economy shed jobs again in March for a third straight month.

    In late afternoon trading the euro was down 0.2 percent at $1.5705. The dollar gained 0.9 percent against the yen to 102.42 yen, after earlier spiking to 102.85 yen.

    The dollar's strong gains overnight were also sparked by reports of Japanese pension funds buying overseas assets as they start their new financial year, analyst said.

    Central bankers and finance ministers from the Group of Seven rich nations meet in Washington later this week and are expected to discuss a broad range of proposals aimed at restoring confidence in the battered banking system.

    These measures, ranging from increasing transparency to strengthening authorities' oversight powers, are seen as boosting the dollar, which has been pressured by aggressive monetary easing by the Federal Reserve. The
    Fed has slashed its overnight lending rate by 3 % points to 2.25 percent since September.

    The ECB is widely expected to leave its key rate on hold at 4 percent, while the Bank of England, which also meets on Thursday, is seen cutting rates a quarter percentage point to 5 percent.

    EURO/USD
    Trend : Hourly Trend Sideways, Daily Trend Sideways
    Suggestion : Buy 1.5640
    Objective : 1.5760
    Stop Loss : 1.5670
    Range : 1.5775 – 1.5625
    Resistance : 1.5737 – 1.5775 – 1.5810
    Support : 1.5680 – 1.5625 – 1.5575

    USD/JPY
    Trend : Hourly Trend Sideways, Daily Trend Sideways
    Suggestion : Buy 101.60
    Objective : 103.05
    Stop Loss : 101.30
    Range : 103.20 – 101.45
    Resistance : 102.85 – 103.20 – 103.65
    Support : 102.05 – 101.45 – 101.05

    GBP/USD
    Trend : Hourly Trend Sideways, Daily Trend Sideways
    Suggestion : Buy 1.9800
    Objective : 1.9930
    Stop Loss : 1.9770
    Range : 1.9945 – 1.9785
    Resistance : 1.9910 – 1.9945 – 1.9975
    Support : 1.9835 – 1.9785 – 1.9760

    USD/CHF
    Trend : Hourly Trend Sideways, Daily Trend Sideways
    Suggestion : Buy 1.0100
    Objective : 1.0200
    Stop loss : 1.0070
    Range : 1.0215 – 1.0085
    Resistance : 1.0170 – 1.0215 – 1.0255
    Support : 1.0120 – 1.0085 – 1.0055

    AUD/USD
    Trend : Hourly Trend Sideways, Daily Trend Sideways
    Suggestion : Buy 0.9200
    Objective : 0.9320
    Stop loss : 0.9170
    Range : 0.9335 – 0.9180
    Resistance : 0.9285 – 0.9335 – 0.9375
    Support : 0.9230 – 0.9180 – 0.9130


    To watch Economic Calender, Click Here


    sm_win

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    Quote Originally Posted by lifesdream View Post
    well where did u get this information from?
    i am just collect from any source and brief it, just to make fundamental analysis for my self, and i share it, may be it will be usefull for other traders
    Last edited by desta_wp; 04-08-2008 at 05:48 AM.

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    thanks for this signals
    continue please

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    Your summary is interesting. Keep it up. cheers.

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    Default Rorex Review (Wednesday, April 09 2008

    Forex Review (Wednesday, April 09 2008)

    The U.S. dollar flat versus the euro on Tuesday as minutes of the last Federal Reserve meeting showed policy makers felt that a prolonged and severe economic downturn can't be ruled out.

    The dollar remained steady against the yen and a basket of currencies, though, on growing views the economic slump in the United States could spill over to other countries and prompt their central banks to cut interest rates.

    Those concerns appeared to be backed by data showing a sharp drop in British home prices, raising the chances the Bank of England will cut interest rates by 50 basis points at its policy meeting on Thursday.

    A reluctance by traders to buy the euro aggressively in the absence of major economic data from both the United States and the euro zone, and ahead of central bank meetings on Thursday, also helped put a cap on any dollar drop, analysts said.

    Since mid-September, the Fed has lowered its benchmark overnight lending rate by 3 percentage points to 2.25 percent. The European Central Bank has
    kept its refinancing rate at 4 percent. In late afternoon trading in New York, the euro was 0.1 percent higher at $1.5715. Against the yen, the dollar was up 0.1 percent higher at 102.50 yen.

    Sterling was the biggest loser of the major currencies on Tuesday, falling nearly 1 percent to $1.9693. It dived to a record low of 78.97 pence per euro earlier.

    Halifax, Britain's biggest mortgage lender, said UK house prices fell 2.5 percent in March, the biggest drop since September 1992, and much steeper than the market's forecast of a 0.4 percent decline.

    Traders were also awaiting Friday's meeting of Group of Seven finance ministers and central bankers, where a broad range of proposals aimed at restoring confidence in the battered banking system will likely be discussed.

    GBP/USD
    Trend : Hourly Trend Down, Daily Trend Down
    Suggestion : Sell 1.9770
    Objective : 1.9625
    Stop Loss : 1.9800
    Range : 1.9785 – 1.9610
    Resistance : 1.9730 – 1.9785 – 1.9835
    Support : 1.9655 – 1.9610 – 1.9555

    USD/JPY
    Trend : Hourly Trend Sideways, Daily Trend Down
    Suggestion : Buy 101.90
    Objective : 103.15
    Stop Loss : 101.60
    Range : 103.30 – 101.75
    Resistance : 102.95 – 103.30 – 103.70
    Support : 102.20 – 101.75 – 101.45

    EUR/USD
    Trend : Hourly Trend Down, Daily Trend Sideways
    Suggestion : Buy 1.5635
    Objective : 1.5740
    Stop Loss : 1.5605
    Range : 1.5755 – 1.5650
    Resistance : 1.5730 – 1.5755 – 1.5800
    Support : 1.5675 – 1.5650 – 1.5625

    USD/CHF
    Trend : Hourly Trend Up, Daily Trend Sideways
    Suggestion : Buy 1.0070
    Objective : 1.0200
    Stop loss : 1.0040
    Range : 1.0215 – 1.0055
    Resistance : 1.0170 – 1.0215 – 1.0255
    Support : 1.0110 – 1.0055 – 1.0015

    AUD/USD
    Trend : Hourly Trend Up, Daily Trend Sideways
    Suggestion : Buy 0.9255
    Objective : 0.9340
    Stop loss : 0.9225
    Range : 0.9355 – 0.9240
    Resistance : 0.9325 – 0.9355 – 0.9395
    Support : 0.9285 – 0.9240 – 0.9195

    To watch economic calender, Click


    Bye in the next DAILY UPDATE

    sm_win
    Last edited by desta_wp; 04-09-2008 at 08:19 AM.

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    Default Forex Review (Thursday, April 10 2008)

    Forex Review (Thursday, April 10 2008)

    The dollar fell broadly on Wednesday as traders snapped up the euro a day ahead of a European Central Bank policy meeting expected to deliver more tough inflation talk and signals the ECB is not ready to cut interest rates.

    This would be in sharp contrast to the deteriorating economic picture in the United States, where minutes of the Federal Reserve's March policy-meeting released on Tuesday showed that members believed a prolonged and severe economic downturn could not be ruled out.

    Analysts said the minutes cemented expectations the Fed would lower its benchmark lending rate by at least 25 basis points later this month, further boosting the euro's yield advantage against the dollar.

    The dollar also fell sharply against the yen and the Swiss franc as U.S. stocks declined on worries about the outlook for corporate profits and as crude prices rose to record highs.

    The euro vaulted to a session peak of $1.5864, just shy of a record high of $1.5905 hit last month. In late afternoon trading, the euro EUR was last at $1.5821, up 0.8 percent from Tuesday and still within the week's trading ranges.

    A decline in U.S. stocks and lingering concerns about the credit markets added to the dollar's woes versus the yen and the Swiss franc.

    The dollar fell to a session low of 101.51 yen and reversed earlier gains that had taken it near a onemonth high. It was last trading at 101.77 yen, down 0.8 percent on the day. Against the Swiss currency, the greenback dropped 1.3 percent to 1.0016 francs.

    Data showing that UK consumer morale fell to its lowest level in four years in March and the International Monetary Fund's reduction in its growth outlook stoked debate on how aggressively the Bank of England might cut rates after its policy meeting on Thursday.

    EURO/USD
    Trend : Hourly Trend Up, Daily Trend Up
    Suggestion : Buy 1.5780
    Objective : 1.5880
    Stop Loss : 1.5750
    Range : 1.5895 1.5765
    Resistance : 1.5862 1.5895 1.5934
    Support : 1.5800 1.5765 1.5725

    USD/JPY
    Trend : Hourly Trend Down, Daily Trend Down
    Suggestion : Sell 102.00
    Objective : 100.80
    Stop Loss : 102.30
    Range : 102.15 100.65
    Resistance : 101.90 102.15 102.45
    Support : 100.95 100.65 100.35

    GBP/USD
    Trend : Hourly Trend Up, Daily Trend Down
    Suggestion : Sell 1.9820
    Objective : 1.9710
    Stop Loss : 1.9850
    Range : 1.9835 1.9695
    Resistance : 1.9790 1.9835 1.9875
    Support : 1.9730 1.9695 1.9650

    USD/CHF
    Trend : Hourly Trend Sideways, Daily Trend Sideways
    Suggestion : Sell 1.0050
    Objective : 0.9945
    Stop loss: 1.0080
    Range : 1.0065 0.9930
    Resistance : 1.0030 1.0065 1.0110
    Support : 0.9975 0.9930 0.9870

    AUD/USD
    Trend : Hourly Trend Up, Daily Trend Up
    Suggestion : Buy 0.9245
    Objective : 0.9365
    Stop loss : 0.9215
    Range : 0.9380 0.9230
    Resistance : 0.9345 0.9380 0.9415
    Support : 0.9265 0.9230 0.9175

    To watch economic calender, Click


    Bye in the next DAILY UPDATE

    sm_win

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    Default Forex Review (Friday, April 11 2008)

    Forex Review (Friday, April 11 2008)

    The U.S. dollar surged from record lows against the euro on Thursday as European Central Bank President Jean-Claude Trichet expressed concerns over high inflation, sluggish growth and foreign-exchange volatility.

    Analysts said traders had sold the dollar earlier in anticipation of comments from the ECB chief, who told reporters the bank's general sentiment on rates and the economic outlook had not changed over the past month.

    In late afternoon trading, the euro was down 0.6 percent to trade at $1.5741, after surging to an all-time peak of $1.5912 in overnight trade, according to
    Reuters data.

    Traders ignored data showing that the U.S. trade deficit widened unexpectedly to $62.3 billion in February from $59.0 billion in January. Analysts polled by Reuters had expected a shortfall of $57.5 billion.

    The dollar's rebound was also helped by Trichet's remarks that recent volatility on foreign exchange markets was excessive and was to be deplored. His comments came ahead of the Group of Seven meeting in Washington starting on Friday.

    Analysts do not expect a change in language on currencies, with the focus most likely too be on the credit crisis, when the G7 releases its communique.

    Trichet's warning that financial market tensions could last longer and hurt the euro-zone economy more than expected also aided the dollar, analysts said.

    The euro earlier scaled historic peaks against sterling at 80.29 pence, but gave up the gains after the Bank of England cut interest rates by only a quarter percentage point, although it highlighted inflation risks. The dollar last traded down 0.1 percent at 101.66 yen, after earlier dipping to a session trough of 100.04 yen.

    EURO/USD
    Trend : Hourly Trend Up, Daily Trend Up
    Suggestion : Buy 1.5690
    Objective : 1.5845
    Stop Loss : 1.5660
    Range : 1.5860 1.5675
    Resistance : 1.5810 1.5860 1.5910
    Support : 1.5725 1.5675 1.5635

    USD/JPY
    Trend : Hourly Trend Up, Daily Trend Up
    Suggestion : Buy 101.30
    Objective : 102.45
    Stop Loss : 101.00
    Range : 102.60 101.15
    Resistance : 102.30 102.60 102.85
    Support : 101.45 101.15 100.75

    GBP/USD
    Trend : Hourly Trend Sideways, Daily Trend Down
    Suggestion : Sell 1.9825
    Objective : 1.9665
    Stop Loss : 1.9855
    Range : 1.9840 1.9650
    Resistance : 1.9790 1.9840 1.9895
    Support : 1.9705 1.9650 1.9605

    USD/CHF
    Trend : Hourly Trend Up, Daily Trend Sideways
    Suggestion : Sell 1.0100
    Objective : 1.0045
    Stop loss : 1.0130
    Range : 1.0115 1.0030
    Resistance : 1.0087 1.0115 1.0147
    Support : 1.0055 1.0030 1.0015

    AUD/USD
    Trend : Hourly Trend Up, Daily Trend Sideways
    Suggestion : Buy 0.9290
    Objective : 0.9260
    Stop loss : 0.9260
    Range : 0.9375 0.9275
    Resistance : 0.9345 0.9375 0.9410
    Support : 0.9305 0.9275 0.9240

    To watch economic calender, Click


    Bye in the next DAILY UPDATE

    sm_win

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    which site provides daily news related to forex trading?

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    Quote Originally Posted by trader4ex View Post
    which site provides daily news related to forex trading?
    in indonesia, you can watch www.financeroll.com. That site provide english version.
    But it's better if you watch BLOOMBERG
    Last edited by desta_wp; 04-13-2008 at 02:06 PM.

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    Forex Review (Monday, April 14 2008)

    U.S. stock indexes fell more than 2 percent on Friday, dragging the dollar lower against the low-yielding Japanese yen and Swiss franc. Investors regard the stock market as a barometer for risk appetite.

    Analysts said news that General Electric Co, the secondlargest U.S. company by market capitalization, reported a 6 percent drop in profits, along with data showing U.S. consumer morale plunged to a 26-year low in April, pointed to a deeper malaise for the world's economic powerhouse.

    The dollar dropped to a session low of 100.66 yen and was last trading at 100.76 yen, down 1 percent on the day. The euro fell 0.5 percent to 159.53 yen.

    The euro closed in on this week's record high, supported in part by speculation that top financial officials from the Group of Seven rich nations may not make a coordinated effort to talk up the dollar when they meet later in the day.

    The euro's gains were capped as a report showing an unexpected jump in U.S. import prices in March reminded investors about swelling inflationary pressures, which could limit the Fed's ability to continue cutting interest rates.

    The euro was last up 0.5 percent at $1.5827 after rising to a session peak of $1.5855, not far from a record high of $1.5902 hit on Thursday, according to Reuters data.

    Analysts said the market was reluctant to drive the dollar too much lower ahead of the G7 communique, but many did not expect any change in the group's language on currencies.

    The Japanese currency also rallied against the New Zealand and Australian dollars as concerns about the U.S. economy encouraged investors to unwind carry trades, which are funded by borrowing in low-yielding currencies such as the yen. The Swiss franc also benefited, with the dollar falling 0.7 percent to 1.0014 francs, while the euro slipped 0.2 percent to 1.5832 francs .

    EURO/USD
    Trend : Hourly Trend Sideways, Daily Trend Up
    Suggestion : Buy 1.5645
    Objective : 1.5758
    Stop Loss : 1.5615
    Range : 1.5773 1.5630
    Resistance : 1.5730 1.5773 1.5810
    Support : 1.5670 1.5630 1.5575

    USD/JPY
    Trend : Hourly Trend Sideways, Daily Trend Down
    Suggestion : Buy 100.80
    Objective : 101.73
    Stop Loss : 100.50
    Range : 101.88 100.64
    Resistance : 101.50 101.88 102.25
    Support : 100.95 100.64 100.15

    GBP/USD
    Trend : Hourly Trend Down, Daily Trend Down
    Suggestion : Sell 1.9753
    Objective : 1.9627
    Stop Loss : 1.9783
    Range : 1.9768 1.9612
    Resistance : 1.9725 1.9768 1.9807
    Support : 1.9650 1.9612 1.9571

    USD/CHF
    Trend : Hourly Trend Sideways, Daily Trend Sideways
    Suggestion : Buy 0.9980
    Objective : 1.0115
    Stop loss : 0.9950
    Range : 1.0130 0.9965
    Resistance : 1.0090 1.0130 1.0170
    Support : 1.0015 0.9965 0.9910

    AUD/USD
    Trend : Hourly Trend Down, Daily Trend Sideways
    Suggestion : Sell 0.9290
    Objective : 0.9195
    Stop loss : 0.9320
    Range : 0.9305 0.9180
    Resistance : 0.9260 0.9305 0.9345
    Support : 0.9210 0.9180 0.9130


    To watch Economic Calender, Click Here


    sm_win[/QUOTE]

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    Default Forex Review (Tuesday, April 15 2008)

    Forex Review (Tuesday, April 15 2008)

    The dollar slipped on Monday, surrendering earlier gains, as worries about a gloomy U.S. economic outlook outweighed the Group of Seven nations' heightened concern about currency volatility.

    A surprise quarterly loss at Wachovia Corp., the fourthlargest U.S. bank, added to bearish sentiment on the dollar. Merrill Lynch & Co Inc and Citigroup Inc report quarterly results later in the week, and analysts say both banks may announce billions of dollars in writedowns.

    The dollar gained briefly after data showed an unexpected rise in U.S. retail sales in March. But selling of the greenback resumed as investors focused on
    details showing that gasoline sales.

    In midday New York trading, the euro was up 0.2 percent at $1.5836, above pre-G7 levels of around $1.5800 and well up from the post-G7 low around $1.5670.

    Comments from European Central Bank officials clearly indicating the bank's lack of interest in cutting euro zone interest rates also supported the single currency.

    ECB Governing Council member Yves Mersch on Monday was quoted as saying there's no room for rate cuts this year, while his colleague on the council Axel Weber said on Friday there's no scope for easing at present.

    The dollar had earlier rallied in Asian trading after G7 finance ministers and central bankers on Friday highlighted sharp moves in major currencies since their February meeting. It was the first time the communique had mentioned major currencies since 2000 and the first time in four years the language on foreign exchange had changed.

    Analysts said the statement should slow the dollar's decline, although this would not alter the currency's broadly weak trend.

    EURO/USD
    Trend : Hourly Trend Sideways, Daily Trend Up
    Suggestion : Buy 1.5770
    Objective : 1.5870
    Stop Loss : 1.5740
    Range : 1.5885 1.5755
    Resistance : 1.5855 1.5885 1.5915
    Support : 1.5795 1.5755 1.5725

    USD/JPY
    Trend : Hourly Trend Sideways, Daily Trend Down
    Suggestion : Sell 101.75
    Objective : 100.80
    Stop Loss : 102.05
    Range : 101.90 100.65
    Resistance : 101.50 101.90 102.25
    Support : 100.95 100.65 100.30

    GBP/USD
    Trend : Hourly Trend Down, Daily Trend Down
    Suggestion : Sell 1.9825
    Objective : 1.9700
    Stop Loss : 1.9905
    Range : 1.9840 1.9680
    Resistance : 1.9795 1.9840 1.9895
    Support : 1.9715 1.9680 1.9650

    USD/CHF
    Trend : Hourly Trend Sideways, Daily Trend Sideways
    Suggestion : Sell 1.0040
    Objective : 1.9940
    Stop loss : 1.0070
    Range : 1.0055 1.9925
    Resistance : 1.0020 1.0055 1.0090
    Support : 1.9965 1.9925 1.9885

    AUD/USD
    Trend : Hourly Trend Up, Daily Trend Sideways
    Suggestion : Buy 0.9220
    Objective : 0.9290
    Stop loss : 0.9190
    Range : 0.9305 0.9205
    Resistance : 0.9275 0.9305 0.9345
    Support : 0.9240 0.9205 0.9180

    To watch Economic Calender, Click Here


    sm_win

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    Forex Review (Wednesday, April 16 2008)

    The dollar posted gains on Tuesday, boosted by surprisingly robust U.S. inflation and manufacturing data, which suggested the Federal Reserve may be less aggressive in cutting interest rates.

    A separate Treasury report showing foreign investors increased purchases of dollar-denominated assets in February eased fears that the credit crisis would dry up U.S. capital inflows.

    In late afternoon trade, the euro fell 0.4 percent against the dollar to $1.5778, having retreated from an overnight peak of $1.5875. Last week, it rose to $1.5912, the highest level since its 1999 launch.

    As the euro broke below $1.58, investors covered their short positions against the dollar, pushing the currency pair lower.

    The dollar shed 10.5 percent against the euro last year and has weakened over 8 percent so far in 2008, a slide driven by a Fed that has cut benchmark interest rates by 3 percentage points since the onset of a housing-led credit crunch in August.

    Market worries about the U.S. economy, which many fear may already be in recession, and more banking sector losses have markets expecting another rate cut this month, though analysts are betting on a modest quarter-point cut to 2 percent.

    Labor Department data on Tuesday showing U.S. producer prices advanced by a more-than-expected 1.1 percent in March bolstered that view.

    Analysts said US data suggests recent distress in funding markets has yet to weaken foreign appetite for U.S. assets.

    On Wednesday, data on U.S. consumer prices for March will be released and markets are expecting a core CPI reading of 0.2 percent for the month and 2.4 percent year-on-year, which is above the Fed's comfort zone.

    EURO/USD
    Trend : Hourly Trend Sideways, Daily Trend Up
    Suggestion : Buy 1.5740
    Objective : 1.5840
    Stop Loss : 1.5710
    Range : 1.5855 1.5725
    Resistance : 1.5815 1.5855 1.5885
    Support : 1.5750 1.5725 1.5670

    USD/JPY
    Trend : Hourly Trend Up, Daily Trend Sideways
    Suggestion : Buy 101.35
    Objective : 102.10
    Stop Loss : 101.05
    Range : 102.25 101.15
    Resistance : 101.90 102.25 102.65
    Support : 101.45 101.15 100.75

    GBP/USD
    Trend : Hourly Trend Down, Daily Trend Down
    Suggestion : Sell 1.9675
    Objective : 1.9580
    Stop Loss : 1.9705
    Range : 1.9690 1.9565
    Resistance : 1.9655 1.9690 1.9720
    Support : 1.9600 1.9565 1.9525

    USD/CHF
    Trend : Hourly Trend Up, Daily Trend Sideways
    Suggestion : Sell 1.0125
    Objective : 1.0020
    Stop loss : 1.0155
    Range : 1.0140 1.0005
    Resistance : 1.0110 1.0140 1.0170
    Support : 1.0050 1.0005 0.9965

    AUD/USD
    Trend : Hourly Trend Sideways, Daily Trend Sideways
    Suggestion : Buy 0.9220
    Objective : 0.9195
    Stop loss : 0.9190
    Range : 0.9310 0.9205
    Resistance : 0.9275 0.9310 0.9345
    Support : 0.9235 0.9205 0.9180

    To watch economic calender, Click


    Bye in the next DAILY UPDATE

    sm_win

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