Daily Key Cross Rates

Trends and Trading Levels for Monday September 8th 2008.

  EURGBP EURJPY EURCHF GBPCHF CHFJPY AUDJPY EURCAD
Res 3 0.8290 162.0200 1.6233 2.0354 100.3700 95.0100 1.5965
Res 2 0.8230 161.0900 1.6204 2.0203 99.7733 94.2667 1.5843
Res 1 0.8171 160.1600 1.6176 2.0053 99.1767 93.5233 1.5722
Close 0.8111 159.2300 1.6147 1.9902 98.5800 92.7800 1.5600
Sup 1 0.8051 158.3000 1.6118 1.9751 97.9833 92.0367 1.5478
Sup 2 0.7992 157.3700 1.6090 1.9601 97.3867 91.2933 1.5357
Sup 3 0.7932 156.4400 1.6061 1.9450 96.7900 90.5500 1.5235
STT Up Down Down Down Down Down Up
MTT Up Down Down Down Down Down Up

 

Weekly Key Cross Rate Trends and Trading Levels


Currencies: Dollar lower as stocks recover ground (Market Watch)
The U.S. dollar declined Friday versus major currencies including the euro and British pound as currency markets took the cue from the gains in U.S. stocks after a report that Citigroup may sell itself.

FX round-up: Dollar stages late recovery (ShareCast via Yahoo! UK & Ireland Finance)
The dollar staged a last minute recovery against major currencies after spending most of the session in the doldrums following downbeat data on the US economy.

Asian Currencies Tumble Lower, Triggering Government Intervention Throughout the Pacific Region (Daily FX)
Regional currency intervention has been seen through the day with reports that S. Korea is the latest to intervene with the currency trading to 11 year lows today. S. Korean officials say that they will not tolerate FX market instability continuing.

New Bloomberg Tradebook Electronic FX Marketplace Goes Live (Wall Street and Technology)
Bloomberg Tradebook FX platform to utilize Bank of America for clearing and settlement.

Latin America Currencies: Chilean Peso Slides as Copper Falls (Bloomberg)
Nov. 20 (Bloomberg) -- Chile's peso declined for a fourth day as the price of copper dropped to a three-year low on flagging demand from carmakers and homebuilders amid a global economic slowdown.