The new week will start with markets potentially reacting to selloffs late Friday on reports that ratings agency Standard & Poor's Corp. is planning an imminent downgrade of euro-zone countries' debt.If the cut materializes between Friday's market close and Monday's open, regional markets will certainly track major European markets. Though if no cut takes place there may be some quick buying early Monday to take advantage of the drops in prices from Friday, traders said.
In Prague, Czech producer price inflation data for December should show a slowdown to 4.7% annually from 5.6% in November, reflecting weakening demand for exports and a broader economic slowdown, analysts said.
In Budapest, Hungarian Prime Minister Viktor Orban will be watched for any comments on the country's progress in seeking a credit line from the International Monetary Fund.
Orban will be speaking at the Rural Development Ministry.
Euro-Zone Ratings Fate To Set Tone
Czech December PPI Slows As Expected
Czech annual producer price growth eased largely as expected in December from November on a minor slowdown in most categories, the Czech Statistics Office said Monday.
The producer price index rose 4.6% on the year in December following a 5.6% annual rise in November. That was slightly below the market expectation of a 4.7% annual rise, according to a Dow Jones Newswires poll of six analysts.
On a monthly basis, prices rose 0.1% in December compared with a 0.4% monthly rise in November.
For all of 2011, producer price growth accelerated to 5.6% on the year compared with the 1.2% annual rise for 2010.
Market risk appetite, enhance the euro
in higher range after hitting 15-month low of 1.2858 on EBS yesterday. EUR/USD supported by improved risk sentiment, sovereign demand for euro. But EUR/USD topside limited by European sovereign debt worries - Italian government yesterday raised EUR7 billion from 3- and 10-year bond sales, falling short of the heavily indebted country's maximum allotment of EUR8.5 billion; funding difficulties of euro-zone banks as wariness persists over counter-party risks in inter-bank market; expectations that ratings firms will downgrade European sovereign debt; fears of euro-zone recession; positions adjustment before long weekend and New Year holidays. Data focus: 0830 GMT November EuroCOIN indicator of euro area economic activity. EUR/USD daily chart mixed as stochastics bearish at oversold; 5- & 15-day moving averages falling; but bullish hammer candlestick pattern completed yesterday. Resistance at 1.2995 (hourly chart), then at 1.3080-1.3084 band (Wednesday's high-Tuesday's high) and 1.3095 (Dec. 23 high); breach would expose upside to 1.3120 (Dec. 22 high), then 1.3199 (Dec. 21 high), 1.3212 (previous base set Nov. 25), 1.3237 (Dec. 13 high) and 1.3388 (Dec. 12 high). Support at 1.2858 (yesterday's low); breach would expose downside to 1.2642 (Sept. 10, 2010 low), then 1.2625 (Aug. 31, 2010 low) and 1.2588 (Aug. 24, 2010 swing low).
EUR/USD 29 July 2011
EUR/USD closed higher on Friday as it extends this summer's trading range. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible near-term. From a broad perspective, it needs to close above or below the aforementioned trading range and point the direction of the next trending move
Zac Bissell
With Commentary by. Zac Bissell Bekah Galang. Zac Johnson. Lauren O'Connor ... the delegates and us and how well we were overcoming them. —Zack Bissel
Geaney, Zac Bissell and Sam Walker respectively. Individuals who have progressed include Marcus Baggaley,. Jake Baggaley, Georgia Cairncross, Sam Walker
With Commentary by
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This PhotoVoice project fits in well with my RCAH career. My studies in the
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"transculturation." I was constantly paying attention to the barriers between
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Peso Exchange rate 6 August 2011
| Forex Peso | EURO | USD | Forex Peso | |||||||||||
| 1 | UNITED STATES | DOLLAR | USD | * | 0.709371 | * | 1.000000 | * | 42.269000 | |||||
| 2 | JAPAN | YEN | JPY | 0.008970 | 0.012645 | 0.534500 | ||||||||
| 3 | UNITED KINGDOM | POUND | GBP | 1.152586 | 1.624800 | 68.678700 | ||||||||
| 4 | HONGKONG | DOLLAR | HKD | 0.090947 | 0.128208 | 5.419200 | ||||||||
| 5 | SWITZERLAND | FRANC | CHF | 0.924744 | 1.303611 | 55.102300 | ||||||||
| 6 | CANADA | DOLLAR | CAD | 0.723184 | 1.019472 | 43.092100 | ||||||||
| 7 | SINGAPORE | DOLLAR | SGD | 0.580643 | 0.818532 | 34.598500 | ||||||||
| 8 | AUSTRALIA | DOLLAR | AUD | 0.741718 | 1.045600 | 44.196500 | ||||||||
| 9 | BAHRAIN | DINAR** | BHD | 1.881969 | 2.653012 | 112.140200 | ||||||||
| 10 | KUWAIT | DINAR | KWD | |||||||||||
| 11 | SAUDI ARABIA | RIAL | SAR | 0.189176 | 0.266681 | 11.272300 | ||||||||
| 12 | BRUNEI | DOLLAR | BND | 0.578276 | 0.815195 | 34.457500 | ||||||||
| 13 | INDONESIA | RUPIAH | IDR | 0.000084 | 0.000118 | 0.005000 | ||||||||
| 14 | THAILAND | BAHT | THB | 0.023772 | 0.033512 | 1.416500 | ||||||||
| 15 | UNITED ARAB EMIRATES | DIRHAM | AED | 0.193142 | 0.272272 | 11.508700 | ||||||||
| 16 | CHINA | YUAN*** | CNY | 0.110168 | 0.155304 | 6.564500 | ||||||||
| 17 | KOREA | WON | KRW | 0.000668 | 0.000942 | 0.039800 | ||||||||
| 18 | EUROPEAN MONETARY UNION | EURO | EUR | 1.000000 | 1.409700 | 59.586600 | ||||||||
Forex Peso chart
EUR/USD 28 March 2011
EUR/USD closed higher due to short covering on Wednesday and above the 20-day moving average crossing as it consolidated some of the decline off July's high. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI remain bearish signalling that additional weakness is possible near-term. If it renews the rally off July's low, July's high crossing is the next upside target.
Euro Exchange rate 4 August 2011
| Currency | Bid | Ask | Chart |
|---|---|---|---|
| EUR/AUD | 1.3404600 | 1.3469900 | Chart |
| EUR/CAD | 1.3788200 | 1.3857600 | Chart |
| EUR/CHF | 1.1026000 | 1.1085200 | Chart |
| EUR/DKK | 7.3956500 | 7.4943600 | Chart |
| EUR/GBP | 0.8697900 | 0.8738800 | Chart |
| EUR/HKD | 11.0694700 | 11.1188500 | Chart |
| EUR/JPY | 113.5676000 | 114.1451200 | Chart |
| EUR/NOK | 7.6347400 | 7.7652700 | Chart |
| EUR/NZD | 1.6732500 | 1.6820700 | Chart |
| EUR/SEK | 9.0329200 | 9.2047500 | Chart |
| EUR/SGD | 1.7186900 | 1.7303600 | Chart |
| EUR/THB | 41.5939000 | 43.1810200 | Chart |
| EUR/USD | 1.4194200 | 1.4253800 | Chart |
Euro Exchange rate 26 July 2011
| Currency | Bid | Ask | Chart |
|---|---|---|---|
| EUR/AUD | 1.3238300 | 1.3302500 | Chart |
| EUR/CAD | 1.3588200 | 1.3656900 | Chart |
| EUR/CHF | 1.1541800 | 1.1603300 | Chart |
| EUR/DKK | 7.4003900 | 7.4992200 | Chart |
| EUR/GBP | 0.8814100 | 0.8855500 | Chart |
| EUR/HKD | 11.1886900 | 11.2385500 | Chart |
| EUR/JPY | 112.2014000 | 112.7738000 | Chart |
| EUR/NOK | 7.7132600 | 7.8451100 | Chart |
| EUR/NZD | 1.6623300 | 1.6710500 | Chart |
| EUR/SEK | 9.0149100 | 9.1867500 | Chart |
| EUR/SGD | 1.7299800 | 1.7417300 | Chart |
| EUR/THB | 41.9121500 | 43.5126700 | Chart |
| EUR/USD | 1.4360900 | 1.4421200 | Chart |