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Coracle Currency Podcast 23 June

By • Jun 23rd, 2008 • Category: Currency

The Coracle Currency podcast for 23rd June 2008 in association with Crossbar fx

Key market data for June 16th to June 20th:

    USD vs Mon opening Fri closing Trend

EUR/USD 1.5385 1.5621 Weaker $
USD/CHF 1.0485 1.0342 Weaker $
USD/JPY 108.36 107.25 Weaker $
Gold 866.80 907.50 Up 4.7%
Oil 133.93 134.74 Up 0.6%

    GBP vs Mon opening Fri closing Trend

GBP/USD 1.9529 1.9759 Stronger £
GBP/EUR 1.2690 1.2644 Weaker £
GBP/CHF 2.0471 2.0443 Stronger £
GBP/JPY 211.62 211.88 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:

Wed 25th June
US – FOMC announces interest rate decision. Durable goods orders and new home sales.

Thurs 26th June
US – GDP, existing home sales and initial jobless claims.

Friday 27th June
UK – GDP
US – Uni of Michigan consumer confidence index