Take a look at the current currency pair rates below:
GBP/JPY: Lowest 132.93 Highest 133.38 Current 133.94-99
EUR/JPY: Lowest 112.65 Highest 113.00 Current 112.73-78
USD/JPY: Lowest 81.81 Highest 81.98 Current 81.90-93
GBP/USD: Lowest 1.6229 Highest 1.6278 Current 1.6231-34
EUR/USD: Lowest 1.3762 Highest 1.3789 Current 1.3765-68
USD/CHF: Lowest 0.9275 Highest 0.9307 Current 0.9284-87
AUD/USD: Lowest 1.0096 Highest 1.0153 Current 1.0096-99
AUD/JPY: Lowest 82.66 Highest 83.14 Current 82.67-72
Hello everyone. Hope you guys and gals are doing ok so far this week. Today is Wednesday so be patient..... the weekend will be here in no time. : )
One of today's major announcements will come from the U.S. at 10:15 PM (UTC+9) regarding the ADP Non-Farm Employment Change; which measures the number of persons employed outside of the farming industry and government jobs. How this affected the USD in the previous announcement on February 2, 2011 is shown below in the charts. By the way, 39,000 more people were employed during the previous month.
GBP/USD 15 min. chart; 33-point drop
EUR/USD 15 min. chart; 39-point drop
Unlike the other major announcements from the U.S. , the result from this announcement took some time before it affected the market. So far today we are seeing a downward trend (both USD and JPY strengthening). If this announcement comes out positive later on you may continue to see a downward trend on the GBP/USD & the EUR/USD.