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US Session - Usd Makes Gains


June 23, 2008 9:54 PM CEST

G10 Advancers and Decliners vs USD
JPY0.43
CAD0.06
EUR0.05
NZD-0.10
AUD-0.15
SEK-0.18
NOK-0.18
DKK-0.19
CHF-0.48
GBP-0.49

Global Indexes Current Level % Change
Nikkei 225 Index13,857.47- 0.61
Hang Seng Index22,714.96- 0.13
FTSE 100 Index5,667.20+ 0.83
CAC 40 Index4,511.37+ 0.05
DJIA Index11,832.18- 0.09
S&P 500 Index1,317.43- 0.04

World Markets Current Level % Change
Gold887.20- 1.83
Silver16.79- 3.49
Crude wti136.04+ 0.87

Todays Calender Estimates Previous Country / GMT
No Events-------

Currency Tech

EURUSD
R 2: 1.5651
R 1: 1.5636
CURRENT: 1.5530
S 1: 1.5575
S 2: 1.5500

GBPUSD
R 2: 1.9800
R 1: 1.9750
CURRENT: 1.9666
S 1: 1.9699
S 2: 1.9632

USDJPY
R 2: 108.08
R 1: 107.88
CURRENT: 107.80
S 1: 106.95
S 2: 106.46

Market Brief

Usd was slightly stronger in US session as evidence of further deterioration in the Eurozone weighed on the Eur. German business confidence fell in June to the lowest level since 05 which added to speculation the European Central Bank would not raise rates. In the UK using prices continued to fall which added to pressure on the Gbp as the declining domestic condition will limits the BoEs ability to fight inflation. The Cad was able to withstand the Usd onslaught as another surge in oil prices gave the loonie a boost.



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