15th May - Greece, poor data continue to drive markets lower

Poor EU data, rising bond yields and Greece undermine the Euro.

 

The Greek political impasse, terrible EU Industrial Production and concerns over bond yields and the Chinese economic outlook have sent risk markets lower. Aud and Kiwi looks soft. US$, Jpy and Gbp benefit from safe haven buying. RBA minutes and plenty of EU, US data today.

CURRENCIES
EUR/USD: 1.2825				Outlook
Res	1.2800	1.2740	1.2700	The Euro has had a tough start to the week, falling to a …to read on please go to the website and register/login
Sup	1.2900	1.2925	1.2975
USD/JPY: 79.86				Outlook
Res	80.10	80.25	80.50	US$/Jpy swung both ways today within its confined …to read on please go to the website and register/login
Sup	79.65	79.50	79.30
GBP/USD: 1.6090				Outlook
Res	1.6120	1.6180	1.6200	Sterling had a good day today rising …to read on please go to the website and register/login
Sup	1.6050	1.5990	1.5950
USD/CHF: 0.9365				Outlook
Res	0.9380	0.9400	0.9440	The dollar continued its strength, advancing to …to read on please go to the website and register/login
Sup	0.9330	0.9300	0.9260
AUD/USD: 0.9958				Outlook
Res	1.0000	1.0020	1.0050	The Aud limped lower throughout the session, although it managed to …to read on please go to the website and register/login
Sup	0.9945	0.9900	0.9875
NZD/USD: 0.7770				Outlook
Res	0.7790	0.7820	0.7850	The Kiwi put up a fight at the 0.7790 Fibo support, but it was ultimately …to read on please go to the website and register/login
Sup	0.7750	0.7725	0.7700