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Coracle Currency podcast 12 May

By • May 12th, 2008 • Category: Currency

The Coracle Currency podcast for 12th May 2008 in association with Crossbar fx (www.crossbarfx.com)

Key market data for May 6th to May 9th:

USD vs Mon opening Fri closing Trend

EUR/USD 1.5459 1.5450 Stronger $
USD/CHF 1.0544 1.0427 Weaker $
USD/JPY 104.96 102.98 Weaker $
Gold 877.00 875.80 Down 0.2%
Oil 115.12 122.98 Up 6.8%

GBP vs Mon opening Fri closing Trend

GBP/USD 1.9690 1.9476 Weaker £
GBP/EUR 1.2738 1.2602 Weaker £
GBP/CHF 2.0754 2.0304 Weaker £
GBP/JPY 206.61 200.48 Weaker £

Current Interest Rates Latest Change Next Meeting

US Federal Reserve (FED) 2.00% 30 Apr 08 25 Jun 08
European Central Bank (ECB) 4.00% 6 Jun 07 5 Jun 08
Bank of England (BoE) 5.00% 10 Apr 08 5 Jun 08

Here are some of the events / announcements out this week which may influence the markets.

Tues 13th May:
UK – CPI, RPIX
US – Advance retail sales, business inventories.

Wed 14th May:
EMU – Industrial production
US – CPI
UK – BOE releases quarterly inflation report.

Thurs 15th May:
EMU – GDP, CPI
US – Initial jobless claims, Industrial production, Lon term treasury inflows.

Fri 16th May:
EMU – Trade balance
US – Consumer confidence