Forex Market Updates & Commentary

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• EURUSD stays above 100 day MA at 1.2712. Squeezes higher
• USDCHF falls to 19 month lows. Approaching support at 1.0158.
• US Consumer Confidence with Stronger Data
• Chicago Purchaser Manager Comes out a Touch Lower
• Chicago PMI comes in at 56.7 Weaker than expectations
• US Consumer Confidence 10AM
• Forex Morning Report August 31
• US Case-Shiller Home Prices Rise
• USDCAD moves higher on weaker growth. Less rate pressure
• Chicago Purchasing Manager Data 9:45AM
• S&P Case-Shiller Data at 9AM
• Canada GDP Comes out Same as Forecast
• NYC Business conditions lowest in a year
• Bobbys Corner-Open Market-August.31.2010
• 5 Minutes of Forex Charts

EURUSD stays above 100 day MA at 1.2712. Squeezes higher Posted: 31 Aug 2010 07:16 AM PDT

USDCHF falls to 19 month lows. Approaching support at 1.0158. Posted: 31 Aug 2010 07:04 AM PDT

US Consumer Confidence with Stronger Data Posted: 31 Aug 2010 07:02 AM PDT

Chicago Purchaser Manager Comes out a Touch Lower Posted: 31 Aug 2010 06:46 AM PDT Chicago Purchasing Manager:                    Survey: 57.0         Actual: 56.7         Prior: 62.3

Chicago PMI comes in at 56.7 Weaker than expectations Posted: 31 Aug 2010 06:45 AM PDT Chicago PMI 56.7 Business barometer 56.7 vs 62.3 Prices paid 57.2 vs 58.1 last month Production 57.6 vs 65.0 last month New orders 55.0 vs 64.6 last month Order backlogs 56.2 vs 57.6 last month Inventories 46.5 vs 50.8 last month Employment 55.5 vs 56.6 last month Supplier deliveries 61.2 vs 59.4 last month

US Consumer Confidence 10AM Posted: 31 Aug 2010 06:39 AM PDT

Forex Morning Report August 31 Posted: 31 Aug 2010 06:30 AM PDT Forex Morning Report August 31

US Case-Shiller Home Prices Rise Posted: 31 Aug 2010 06:05 AM PDT S&P/CaseShiller Home Price Ind:    Survey:     Actual: 147.97    Prior: 146.43     Revised: 146.47 S&P/CS 20 City (MoM%) SA:              Survey: 0.20%     Actual: .28%     Prior: 0.47%     Revised:  .53% S&P/CS Composite-20 (YOY):           Survey: 3.50%     Actual: 4.23%     Prior: 4.61%    Revised: 4.64% S&P/CaseShiller US HPI:                      Actual: 138.0      Prior: 131.8    Revised: 132.2 S&P/CaseShiller US HPI (YoY%):     Actual: 3.6%    Prior: 2.0%     Revised: 2.3%   US june S&P/CaseShiller home prices rise 4.2% versus a year ago

USDCAD moves higher on weaker growth. Less rate pressure Posted: 31 Aug 2010 05:46 AM PDT

Chicago Purchasing Manager Data 9:45AM Posted: 31 Aug 2010 05:44 AM PDT

S&P Case-Shiller Data at 9AM Posted: 31 Aug 2010 05:36 AM PDT

Canada GDP Comes out Same as Forecast Posted: 31 Aug 2010 05:33 AM PDT

NYC Business conditions lowest in a year Posted: 31 Aug 2010 05:32 AM PDT Chicago PMI to be reported later at 9:45 AM

Bobbys Corner-Open Market-August.31.2010 Posted: 31 Aug 2010 05:26 AM PDT Good Morning: The last day of the month reiterates the markets sentiment that the global economic recovery is faltering. The YEN has been the major winner when it comes to gains against the USD. Safe haven demand has allowed the JPY to strengthen for the fourth row in a month. Slowdowns in US housing, consumer spending, and business investment are all adding to economist lowering their forecast for future growth.   Comments by Fed Chairman Bernanke this past weekend, stating that growth has been “too slow” and unemployment has been “too high” also reiterates the fact that the US and global recoveries are not getting traction. World equity markets dropped after yesterday’s 140 point drop in the Dow.  US Futures are also pointing to a lower opening this morning. TIME FOR EST PRIOR 09:00AM S&P/CASESCHILLER HOME PRICE INDEX    JUNE  ——         146.3O 09:00AM S&P/CS 20 CITY MoM% SA    JUNE   O.2O%           O.47% 09:00AM S&P/CS COMPOSITE 20 YoY    JUNE 3.55% 4.61% 09:00AM S&P/CASE -SCHILLER US HPI    2 Q   ——–           131.8O 09:00AM S&P/CASE -SCHILLER US HPI YoY%    2 Q  ——–                2.O%  09:45AM CHICAGO PURCHASING MANAGER   AUG   57.O              62.3O  10:00AM CONSUMER CONFIDENCE   AUG         5O.8                5O.4  10:00AM NAPM MILWAUKEE   AUG   6O.3                66.O HAVE A GREAT DAY & GOOD LUCK

5 Minutes of Forex Charts Posted: 31 Aug 2010 05:15 AM PDT

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