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ACM / Economic calendar and daily foreign exchange news & analysis
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Daily Newsletter: 03/04/2008
By James Brandt - ACM Advanced Currency Markets, Geneva, Switzerland
Today's Economic Calendar:
TIME (GMT) EVENT VALUE NAME CONS.
15:30 US:EIA Natural Gas Report 0
21:30 US:Money Supply 0
10:00 EMU:Retail Sales Month over Month 0.3%
Year over Year 0%
15:00 US:ISM Non-Mfg Index Business Activity Index - Level 49
01:30 AU:Retail Sales Month over Month 0.5%
11:00 US:Monster Employment Index 0
13:30 US:Jobless Claims New Claims - Level 366K

Full week Economic Calendar

Bernanke says little; Dollar strengthens across the board
News and Events:
Federal Reserve Chairman Ben Bernanke, speaking to the Joint Economic Committee, remained reticent on future monetary policy, however he discuss steps to ameliorate the liquidity crisis. Euro-zone PPI came in roughly as expected at 5.3%.
Read Today's Key Issues and The Risk Today




Resistance and Support:
EURUSD GBPUSD USDJPY USDCHF
1.6000 K 2.0577 T 108.53 M 1.0761 M
1.5905 S 2.0447 S 105.16 S 1.0530 S
1.5850 M 2.0271 M 103.30 T 1.0244 M
1.5603 1.9791 102.86 1.0155
1.5533 M 1.9717 M 98.46 M 0.9750 M
1.5000 K 1.9354 S 95.74 S 0.9639 K
1.4500 P 1.8945 T 94.83 T 0.9500 T
S: Strong, M: Minor, T: Trendline, K: Keylevel, P: Pivot


Quick access to our 5 previous newsletters:

Dollar helped by ISM; Japanese business sentiment falls
Dollar still plagued by US data; UK inflation to trigger rate...
Dollar extends gain on Fed Term Securities Lending Facility...
Dollar fell on weak US data and Mr. Trichet’s comments
Dollar fell yesterday after lower than expected US Consumer...