Asian foreign exchange market conditions Courier

Financial news and important data:

Japan's Nikkei stock average than the previous day's closing index closed down 1.46 percent.
16:30 Hong Kong time in the United Kingdom announced in June consumer credit, the market forecast is 1.1 billion pounds.
22:00 Hong Kong time in the United States announced in July consumer confidence index, the market forecast is 50.0.
Technical indicators and trend forecast:

Currency volatility forecast tonight in support of resistance
Major currencies:
The dollar was 106.80-108.20 106.58,107.00 108.08,108.50
Euro-dollar 1.5700-1.5820 1.5658,1.5700 1.5798,1.5850
British pound against the dollar 1.9880-2.0000 1.9861,1.9900 2.0000,2.0038
USDCHF 1.0280-1.0390 1.0259,1.0292 1.0390,1.0409
The Australian dollar 0.9520-0.9630 0.9503,0.9515 0.9614,0.9637
New yuan-dollar 0.7370-0.7480 0.7350,0.7367 0.7483,0.7500
USDCAD 1.0150-1.0280 1.0140,1.0180 1.0280,1.0300
Cross Currency:
The euro against the yen 168.80-170.00 168.55,168.80 169.97,170.35
The euro against the pound sterling 0.7850-0.7950 0.7820,0.7850 0.7933,0.7960
Euro against the Swiss franc 1.6230-1.6320 1.6210,1.6225 1.6312,1.6343
Australian dollar against the yen 102.40-103.60 102.10,102.40 103.45,103.70

Asian foreign exchange markets:

The Australian dollar, the initial performance of Kraft today on steady, the current 10 days, 20 days and 50-day moving average prices are 0.9655,0.9642 and 0.9577,9 hovering in the 32-day RSI level.

U.S. dollar against the yen, today's preliminary performance rebounded slightly, the current 10 days, 20 days and 50-day moving average prices are 107.01,106.75 and 106.37,9 in 57 days RSI level.

Euro against the U.S. dollar, today's preliminary to the good performance of cowhide, the current 10 days, 20 days and 50-day moving average prices are 1.5780,1.5788 and 1.5678,9 rose to 47-day RSI level.

British pound against the dollar, the initial volatility upward today, the latest in a level close to the current 10 days, 20 days and 50-day moving average prices are 1.9955,1.9904 and 1.9788,9 to 53 days RSI level.

Comprehensive Assessment: U.S. regulatory authorities last Friday took over the two small U.S. banks and U.S. financial institutions yesterday, "Merrill Lynch" expects third-quarter pre-tax asset write-down of about 5.7 billion U.S. dollars, with U.S. Treasury Secretary Paulson and the four U.S. bank yesterday said it would arrange for an official game market investment products to support housing finance, but the market is lukewarm initial response, prompted investors to worry that the U.S. financial enterprises continue to expand the amount of losses will further damage the U.S. economy and lead the Federal Reserve later this year Difficult to raising interest rates, the dollar thus encountered pressure, the United States the previous day's weighted index fell overall performance. In the absence of major news this stimulus, the weighted index in the United States and the Asia-Pacific cities with narrow range of performance. Investors are waiting for later today the S & P / Case Shiller report on housing prices, the U.S. economy and the Chamber of Commerce announced in July consumer confidence index to determine whether the U.S. economic situation., Another focus of the market is the United States later this week Released by the second quarter preliminary gross domestic product, July non-farm jobs, as well as crude oil prices and the U.S. Congress passed the Government will include infrastructure spending, a new programme to stimulate the economy.