29 June 2001, 18:27  US FX Daily Outlook: Euro and yen firm on profit-taking

By Jim Cote
Chicago, June 29 (BridgeNews) - Following Thursday's U.S. dollar party, position-squaring and profit-taking appear to be the feature in the final session of the year's midpoint. The euro appears to have found a technical support point at its 20-day moving average. The yen firmed on profit-taking ahead of Prime Minister Junichiro Koizumi's trip to the U.S. A busy domestic economic data agenda includes the second revision of the first quarter gross domestic product, the June Chicago and New York Purchasing Management indexes and the University of Michigan consumer confidence survey for June.
Current Previous Change Global Global NY open NY close low high
USD/JPY 124.24 124.63 -0.39 123.80 124.88
EUR/USD 0.8473 0.8439 0.0034 0.8438 0.8489
EUR/JPY 105.30 105.20 0.10 104.66 105.56
GBP/USD 1.4056 1.4083 -0.0027 1.4036 1.4090
USD/CHF 1.7967 1.8025 -0.0058 1.7946 1.8025
USD/CAD 1.5235 1.5212 0.0023 1.5218 1.5247
AUD/USD 0.5064 0.5064 0 0.5049 0.5079
NZD/USD 0.4024 0.4065 -0.0041 0.4015 0.4073
SP.1 1233.70 Bridge N/A 6.70 1228.20 1236.30
ND.1 1835.00 Bridge N/A 36.00 1806.50 1835.00

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