Forex market news on 27072010

Forex Market News on 27/07/2010

11:41:23 | 27/07/2010

Gold slipped slightly after received positive information in the U.S. market , maintain the 1175-1200 range and wait for the next catalytic information . Crude oil also turned lower after early failed attempts to conquer the $ 80 threshold , closing at $ 78.80/thung .
U.S. dollar : positive economic information on retail sales in June with about 0:33 million , before it is made of silver 0:26 million green weakened but still within the range positive. Closed session yesterday , the Dow has added 100 points , reaching 10 525 , S & P rose 12 points , at the threshold of 1115 points while the Nasdaq turned 26 , stop at number 2296 . Today , consumer confidence in July of America will be announced , expected to be 51 , before it was 52.9 . CS home price in May was also waiting for the market , forecast to increase 0.3 % , compared with the previous period is 0.8 % . July / August .

Euro a bit tense in the early hours of the European session . However , investors remain enthusiastic about the psychological after most banks in the region has overcome the recent round of inspection . In general, the pair EUR / USD traded at 1.2888 low , the highest day at 1.3007 before 1.2990 key . Today , GKF index of Germany in August will be announced , is 3.5 % predicted .

Japanese yen strong fluctuations in the level of 87.50 yen to keep the dollar weak , however, the threshold of support 87 will be maintained . more promising market turmoil . While the trend is affected by the bad technical elements of USD / JPY is still expected 85yen threshold . In general, the pair USD / JPY traded at a low 86.81 , 87.74 highs around 87.05 before the key date .

British Pound find the drag on the threshold 1.5500 . Next momentum can be established , however , the British currency has failed in an attempt to fix prices on long chains in the past week . In the medium term , the trend of the EUR / GBP is going down with the first target is 0.8300 . Session yesterday , GBP / USD traded at 1.5416 low , high levels of key on around 1.5523 before 1.5490 . Today , CBI in July sales to be announced , expected to be at level 0 , the previous -5 .

Australian dollar prevent puncturing threshold of 0.9000 out in the context of the U.S. stock market turned up . The market once again believe in the momentum of currency AUD climb the next target is 0.9080 and 0.9150 . Pair AUD / JPY at the threshold 78Yen difficult but this is still a target figure in later recovered . In general, the pair AUD / USD traded at 0.8940 low , high levels of 0.9038 before key U.S. version is 0.9010 .

Gold and oil : Gold slipped slightly after received positive information in the U.S. market , maintain the 1175-1200 range and wait for the next catalytic information . Session yesterday , the precious metal traded at a low of USD $ 1200 , high of USD $ 1185 dollars before closing at $ 1190 . Crude oil also turned lower after early failed attempts to conquer the $ 80 threshold , closing at $ 78.80/thung .

Source: giavang.net