{"id":7498,"date":"2010-03-11T09:26:08","date_gmt":"2010-03-11T14:26:08","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=7498"},"modified":"2010-03-11T09:26:08","modified_gmt":"2010-03-11T14:26:08","slug":"forex-trends-for-today-11032010","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/03\/11\/forex-trends-for-today-11032010\/","title":{"rendered":"Forex Trends for Today 11\/03\/2010"},"content":{"rendered":"

By Finexo.com<\/strong><\/a><\/strong><\/p>\n

Market Notes<\/span><\/strong>:
\n<\/strong><\/p>\n

New Zealand\u2019s Interest Rate has left unchanged at 2.50% as expected and the dovish comments of RBNZ had this effect and weakened the NZD.<\/p>\n

Today we have a Swiss decision at 12:00. As a result of the recently published data it is however likely to adjust SNB\u2019s inflation and economic outlook slightly upwards.<\/p>\n

The final UK budget for the fiscal year 2010\/11 will be presented on 24th March. Weak economic data such as yesterday\u2019s industrial production are therefore particularly uncomfortable. As a result the period of weakness in GBP is likely to continue and the 0.9150 mark in EUR-GBP is likely to be re-challenged.<\/p>\n

<\/strong><\/p>\n

Daily \t\t\tTrends* & Charts<\/span><\/strong><\/p>\n

*relevant for now<\/sup><\/p>\n\n\n\n\n\n\n\n\n\n\n
USD \t\t\t\t\t\t$<\/td>\nStrong<\/td>\n<\/tr>\n
EUR \t\t\t\t\t\t\u20ac<\/td>\nMixed \t\t\t\t\t\tTrend<\/td>\n<\/tr>\n
GBP \t\t\t\t\t\t\u00a3<\/td>\nMixed \t\t\t\t\t\tTrend<\/td>\n<\/tr>\n
JPY \u00a5<\/td>\nStrongest<\/strong><\/td>\n<\/tr>\n
AUD<\/td>\nStrong<\/td>\n<\/tr>\n
NZD<\/td>\nWeakest<\/strong><\/td>\n<\/tr>\n
CAD<\/td>\nWeak<\/td>\n<\/tr>\n
CHF<\/td>\nWeak<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"\"<\/a><\/p>\n

Watch \t\t\tthe Fundamentals!<\/span><\/strong>(GMT time)<\/em><\/strong><\/p>\n\n\n\n\n\n
Yesterday<\/td>\nAU \t\t\t\t\t\tHome Loans: -7.9%<\/strong> vs. 2.1% exp.<\/p>\n

Chinese \t\t\t\t\t\tTrade Balance: 7.6B<\/strong> as exp.<\/p>\n

UK \t\t\t\t\t\tManufacturing Production: -0.9%<\/strong> vs. 0.3%.<\/p>\n

NZ Interest Rate Statement: 2.50% as exp.<\/strong><\/td>\n<\/tr>\n

TODAY<\/span><\/strong><\/td>\nAU Unemployment Rate: 5.3% as exp.<\/strong><\/p>\n

Chinese \t\t\t\t\t\tIndustrial Production: 12.8%<\/strong> vs. 19.5% exp.<\/p>\n

Swiss Interest Rate Statement at 13:00.<\/strong><\/p>\n

Canadian \t\t\t\t\t\tTrade Balance at 13:30.<\/p>\n

US \t\t\t\t\t\tTrade Balance at 13:30.<\/p>\n

US \t\t\t\t\t\tUnemployment Claims at 13:30.<\/p>\n

NZ \t\t\t\t\t\tRetail Sales at 21:45.<\/td>\n<\/tr>\n

Tomorrow<\/td>\nCanadian \t\t\t\t\t\tUnemployment Rate at 12:00.<\/p>\n

US \t\t\t\t\t\tCore Retail Sales at 13:30.<\/p>\n

US \t\t\t\t\t\tConsumer Sentiment at 14:55.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Forex Market Review & Analysis by Finexo.com<\/strong><\/a><\/p>\n

Disclaimer: Trading the foreign exchange (Forex) carries a high level of risk, and may not be suitable for all investors.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Finexo.com – New Zealand\u2019s Interest Rate has left unchanged at 2.50% as expected and the dovish comments of RBNZ had this effect and weakened the NZD…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7498","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=7498"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7498\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=7498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=7498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=7498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}