Friday February 11, 2005 - 16:56:50 GMT
Share This Story
FXstreet.com - www.fxstreet.com
European Forex Session Wrap-Up, 11/2/2005
The European session closes today, february 11th, with very little action in the currency markets. After yesterday’s USD selloff, and without any relevant news to come out, market just traded sideways the whole session.
Trading Recap :At the time of this writing, the EUR is trading around 1.2875 against the greenback, flat with respect to european opening levels. GBP is doing around 1.8655, 25 pips down. The Swiss Franc –CHF- around 1.2085, loosing (USD gaining) 10. And finally, the Yen around 105.70, down some just mere 10 pips, proving the japnese currency the overall loser for today yet again.
USD small brothers session performance: the AUD is trading around 0.7855, 45 pips up, the clear winner for today’s session, the NZD trading around 0.7135, or 30 pips up, and CAD trading around 1.2375, up 45 pips.
Economic events to resume for Tuesday, february 15th. My (valoration) of the economic events of the day goes from 1 to 5 depending on the influence the news has in the market (1 lowest – 5 highest).
Forex Trading News
Daily Forex Market News
Forex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
Real-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."