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Coracle Currency Podcast 9 June

By • Jun 10th, 2008 • Category: Currency

The Coracle Currency podcast for 9th June 2008 in association with Crossbar fx

Key market data for June 2nd to June 6th:

USD vs Mon opening Fri closing Trend

EUR/USD 1.5531 1.5737 Weaker $
USD/CHF 1.0421 1.0225 Weaker $
USD/JPY 105.02 105.26 Stronger $
Gold 882.85 897.50 Up 1.66%
Oil 127.49 132.81 Up 4.17%

GBP vs Mon opening Fri closing Trend

GBP/USD 1.9660 1.9707 Stronger £
GBP/EUR 1.2653 1.2519 Weaker £
GBP/CHF 2.0485 2.0150 Weaker £
GBP/JPY 206.46 207.41 Stronger £

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 3 Jul 08
Bank of England (BoE) 5.00% 10 Apr 08 10 Jul 08

Listed below are some of the economic data announcements which may influence exchange rates:

Tues 10th June
UK – Industrial Production, Manufacturing production
US – Trade Balance

Wed 11th June
UK – Visible Trade balance

Thurs 12th June
EMU – Industrial production
US – Advanced retail sales, Initial jobless claims,

Fri 13th June
US – CPI, core CPI