Take a look at the current currency pair rates below:
GBP/JPY: Lowest 133.13 Highest 133.89 Current 133.32-37
EUR/JPY: Lowest 113.04 Highest 113.57 Current 113.12-17
USD/JPY: Lowest 82.04 Highest 82.59 Current 82.12-15
GBP/USD: Lowest 1.6196 Highest 1.6256 Current 1.6234-37
EUR/USD: Lowest 1.3740 Highest 1.3787 Current 1.3774-77
USD/CHF: Lowest 0.9274 Highest 0.9341 Current 0.9286-89
AUD/USD: Lowest 1.0011 Highest 1.0084 Current 1.0065-68
AUD/JPY: Lowest 83.53 Highest 82.88 Current 82.61-66
Hello again everyone. How is everybody? So far this week there hasn't been too many major announcements. However, tonight February 24th at 10:30 PM (UTC+9), U.S. Census Bureau will announce Core Durable Goods Orders. It is expected to decrease from 0.8% to 0.4%. Last month's Core Durable Goods Orders announcement on January 27, 2011 was a negative result. The 3 charts below illustrate how the announcement affected the market.
USD/JPY 30 min. chart; 24-point drop
EUR/USD 30 min. chart; 45-point rise
GBP/USD 30 min. chart; 50-point rise
The weekly Unemployment Claims from the U.S. Department of Labor will also be announced tonight at the same time as the Core Durable Goods Orders.
Also, with all the unfortunate events taking place in Christchurch, New Zealand, it has allowed the New Zealand Dollar to become weaker against the major currencies. The NZD/JPY is currently at its lowest rate since October 2010. The NZD is showing signs of gaining against the USD since the USD is currently weakening and therefore the NZD/JPY may possibly follow soon.