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Currency Report 14 July

By • Jul 14th, 2008 • Category: Currency

The Coracle Currency podcast for 7th July 2008 in association with Crossbar fx

    Key market data for July 7th to July 11th:

    USD vs Mon opening Fri closing Trend


EUR/USD 1.5623 1.5894 Weaker $
USD/CHF 1.0328 1.0176 Weaker $
USD/JPY 107.59 106.08 Weaker$
Gold 920.00 958.55 Up 4.2%
Oil 143.28 143.32 Up 0.03%

    GBP vs Mon opening Fri closing Trend


GBP/USD 1.9729 1.9893 Stronger £
GBP/EUR 1.2629 1.2513 Weaker £
GBP/CHF 2.0377 2.0213 Weaker £
GBP/JPY 212.32 211.01 Weaker £

    Current Interest Rates Latest Change Next Meeting

US Federal Reserve (FED) 2.00% 30 Apr 08 5 Aug 08
European Central Bank (ECB) 4.25% 3 Jul 08 7 Aug 08
Bank of England (BoE) 5.00% 10 Apr 08 7 Aug 08

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

Tuesday 15 July:
UK – Consumer Price Inflation – 3.6% expected.
US – Advance retail sales, Empire state manufacturing index

Wed 16th July:
EMU – Consumer Price Index – 4% expected
US – Consumer Price Index – 4.5% expected, Industrial Production

Thurs 17th July:
US – Housing starts, Initial jobless claims.

Fri 18th July:
EMU – Trade balance.

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