Daily International Forex Rates & its Analysis – October 2, 2009

International Forex Rate

Major Currencies
Currency
Units per USD USD per Unit
Australian Dollar AUD 1.2488 0.8008
Canadian Dollar CAD 1.0903 0.9172
Euro EUR 0.7074 1.4137
Japanese Yen JPY 95.4654 0.0105
Pakistan Rupee PKR 81.11 0.0123
U.A.E Dirham AED 3.6727 0.2723
UK Pound Sterling GBP 0.6179 1.6185
US Dollar USD 1 1
Other Currencies
Currency
Units per USD USD per Unit
Afghanistan Afghanis AFN 50.0901 0.02
Albania Leke ALL 94.0275 0.0106
Algeria Dinars DZD 72.11 0.0139
Argentina Pesos ARS 3.7442 0.2671
Bahamas Dollars BSD 1 1
Bahrain Dinar BHD 0.377 2.6523
Bangladesh Taka BDT 68.95 0.0145
Barbados Dollars BBD 2 0.5
Bermuda Dollars BMD 1 1
Brazil Reais BRL 1.972 0.5071
Bulgaria Leva BGN 1.3832 0.723
CFA BCEAO Francs XOF 464.0141 0.0022
CFA BEAC Francs XAF 464.0141 0.0022
Chile Pesos CLP 563.735 0.0018
China Yuan CNY 6.8293 0.1464
Colombia Pesos COP 2138.5 0.0005
Comptoirs Francais du Pacifique Francs XPF 84.4135 0.0118
Costa Rica Colones CRC 577.3 0.0017
Croatia Kuna HRK 5.202 0.1922
Czech Republic Koruny CZK 19.04 0.0525
Danish Krone DKK 5.2614 0.1901
Dominican Republic Pesos DOP 35.9001 0.0279
East Caribbean Dollars XCD 2.685 0.3724
Egypt Pounds EGP 5.6167 0.178
Estonia Krooni EEK 11.0682 0.0903
Fiji Dollars FJD 2.1272 0.4701
Hong Kong Dollar HKD 7.7525 0.129
Hungary Forint HUF 200.39 0.005
Iceland Kronur ISK 121.695 0.0082
IMF Special Drawing Rights XDR 0.6514 1.5352
Indian Rupee INR 47.12 0.0212
Indonesia Rupiahs IDR 10202.5 0.0001
Iran Rials IRR 9683.5 0.0001
Iraq Dinars IQD 1158.6 0.0009
Israel New Shekels ILS 3.98 0.2513
Jamaica Dollars JMD 88.4806 0.0113
Jordan Dinars JOD 0.709 1.4104
Kenya Shillings KES 78.35 0.0128
Kuwaiti Dinar KWD 0.2872 3.482
Lebanon Pounds LBP 1509.5 0.0007
Malaysian Ringgit MYR 3.485 0.2869
Mauritius Rupees MUR 32.4003 0.0309
Mexico Pesos MXN 13.1225 0.0762
Morocco Dirhams MAD 7.9679 0.1255
NewZealand $ NZD 1.5603 0.6409
Norwegians Krone NOK 6.2891 0.159
Omani Riyal OMR 0.3851 2.597
Peru Nuevos Soles PEN 3.02 0.3311
Philippines Pesos PHP 47.1143 0.0212
Poland Zlotych PLN 3.1877 0.3137
Qatari Riyal QAR 3.6402 0.2747
Romania New Lei RON 2.9634 0.3375
Russia Rubles RUB 30.8535 0.0324
Saudi Riyal SAR 3.7503 0.2666
Singapore Dollar SGD 1.4437 0.6927
South Africa Rand ZAR 7.9428 0.1259
South Korea Won KRW 1252.85 0.0008
Sri Lanka Rupees LKR 114.92 0.0087
Sudan Pounds SDG 2.345 0.4264
Swedish Korona SEK 7.5542 0.1324
Swiss Franc CHF 1.0678 0.9365
Taiwan New Dollars TWD 32.5045 0.0308
Thai Bhat THB 34.3125 0.0291
Trinidad and Tobago Dollars TTD 6.23 0.1605
Tunisia Dinars TND 1.3469 0.7424
Turkey New Lira TRY 1.5366 0.6508
Venezuela Bolivares Fuertes VEF 2.15 0.4651
Vietnam Dong VND 17770 0.0001
Zambia Kwacha ZMK 5100 0.0002

Daily Forex Analysis

EURUSD Analysis.

EURUSD’s downtrend from 1.4843 extends further to as low as 1.4502 level. Further fall is still possible later today and next target would be at 1.4450-1.4480 area. Key resistance is now located at 1.4673, as long as this level holds, downtrend from 1.4843 will continue, however, a break above this level will indicate that a short term cycle bottom has been formed on 4-hour chart and downtrend has completed, then the following rebound could take price back to re-test 1.4843 previous high resistance.

20091002_eurusd_1

GBPUSD Analysis.

GBPUSD remains in downward trend from 1.6741, the rebound from 1.5770 is more likely consolidation of downtrend, and the fall from 1.6125 could possibly be resumption of downtrend. Deeper decline to test 1.5770 support is expected in a couple of days, a break down below this level will indicate that the downtrend has resumed, then further fall could be seen to 1.5600 area.

20091002_gbpusd_1

USDJPY Analysis.

USDJPY trades in a range between 88.24 and 90.40. Moving sideways without trend in the range is expected in a couple of days. Short term target could be seen to 88.80 area later today and rebound back towards 90.40 would more likely be seen before breaking below 88.24 level.

20091002_usdjpy_1

USDCAD Analysis.

USDCAD rebounded sharply from 1.0671, suggesting that a short term cycle bottom has been formed on 4-hour chart. Further rise towards 1.0991 is expected after a small consolidation. Near term support is at 1.0780, as long as this level holds, uptrend from 1.0671 will continue.

20091002_usdcad_1

AUDUSD Analysis.

AUDUSD is testing the support of the lower border of the rising price channel on 4-hour chart, as long as the channel support holds, we’d expect uptrend to resume and further rise is still possible to 0.8900, however, below the channel support will take price to test 0.8586 key support.

20091002_audusd_1

USDCHF Analysis.

USDCHF’s rebound extends further to as high as 1.0452 level, suggesting continuation of upward trend from 1.0186, next target could be expected to 1.0480-1.0500 area. Near term support is now at the rising trend line on 4-hour chart, only fall below the trend line support will signal reversal of current trend.

20091002_usdchf_1

SOURCE: forexkp & forexcycle.com

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