Dollar Loses Again Against Euro Yen and Australian

(Best Syndication News) The euro has been rising from last week’s four- year lows and today it rose again (see charts below). The dollar lost against the euro, the yen and the Australian dollar.

Euro Dollar Exchange Rates

The euro was up .422 percent against the British pound and .674 percent against the Japanese yen.
The euro was trading at $ 1.2323 today, up .86 percent according to our first survey of the day (see the results of other surveys below). Stock markets around the world were higher as investors moved money into riskier assets.
The DJIA was up over 200 points today while the Nikkie 225 was up 8.04 points (.08 %) to 9,887.89. The Australian S&P ASX 200 was one of the few markets lower today losing .5 points (.01 %) to 4,505.00.
Confidence was spreading today as Spain sold their sovereign debt despite the trend to riskier investments. Reports suggested that Spain would require a bailout similar to Greece, but analysts are quick to point out differences. German officials said Spain was not likely on the next EU summit agenda.
Spain was able to raise 5.2 billion euros in 12 and 18-month T-bills at auction. They are paying a significantly higher average yield than last month, but the sale reassured investors that they will be able to meet their debt redemption at the end of July.
Rising stock markets pulled money away from the German bonds Monday. The German 10-year yields rose seven basis points to 2.64 percent and it was announced that industrial production in the EU grew 0.8 percent in April from March.

Australian Dollar

The euro gained against all other major currencies except the Australian dollar. The Aussie was up seven of the last ten days. The Australian dollar was up .9 percent against the U.S. dollar and .822 percent against the Canadian. See the cross table below for more details.
By: Steven Potter
Business Reporter

Friday	Monday	Tuesday	Survey # 1	% Change Day	% Change Wk
6/11/2010	6/14/2010	6/15/2010	Per Dollar	Pos=$US Gain	Pos=$US Gain
7.7938	7.7917	7.7906	Hong Kong Dollar - HKD	0.01	0.16
1.1803	1.1665	1.1559	Australian Dollar - AUD	0.91	4.30
1.0372	1.0343	1.0258	Canadian Dollar - CAD	0.82	1.80
1.1538	1.1423	1.1334	Swiss Franc - CHF	0.78	1.30
0.6884	0.6785	0.6756	British Pound - GBP	0.43	1.79
91.64	91.591	91.42	Japanese Yen - JPY	0.19	0.14
0.8291	0.8185	0.8115	Euro - EUR	0.86	2.74
14.9032	14.8890	14.8590	Average	0.20	0.00
6/11/2010	6/14/2010	6/15/2010	Dollar /	Pos=$US Loss	Pos=$US Loss
0.1283	0.1283	0.1284	Hong Kong Dollar - HKD	0.01	0.16
0.8472	0.8573	0.8651	Australian Dollar - AUD	0.92	4.49
0.9641	0.9668	0.9748	Canadian Dollar - CAD	0.83	1.83
0.8667	0.8754	0.8823	Swiss Franc - CHF	0.79	1.31
1.4526	1.4738	1.4802	British Pound - GBP	0.43	1.82
0.0109	0.0109	0.0109	Japanese Yen - JPY	0.19	0.14
1.2061	1.2217	1.2323	Euro - EUR	0.86	2.82
8:30 AM	2:40 PM	2:30 PM	Time Collected (Pacific)
Fri	Monday	Tuesday	Survey # 2	% Change Day	% Change Wk
6/11/2010	6/14/2010	6/15/2010	Per Dollar	Pos=$US Gain	Pos=$US Gain
91.74312	91.74312	91.74312	JPY ¥ Yen	0.00	0.92
0.82919	0.81880	0.81129	EUR € Euro	0.92	2.79
1.03724	1.03125	1.02564	CAD $ Canadian	0.54	1.64
0.68842	0.67870	0.67558	GBP £ British	0.46	1.82
1.18064	1.16604	1.15513	AUD $ Australia	0.94	4.41
1.15300	1.14286	1.13366	CHF Swiss Franc	0.80	1.28
16.10527	16.09679	16.09074	Average	0.04	0.74
6/11/2010			Dollar /	Pos=$US Loss	Pos=$US Loss
0.0109	0.0109	0.0109	JPY ¥ Yen	0.00	0.91
1.206	1.2213	1.2326	EUR € Euro	0.93	2.87
0.9641	0.9697	0.975	CAD $ Canadian	0.55	1.67
1.4526	1.4734	1.4802	GBP £ British	0.46	1.85
0.847	0.8576	0.8657	AUD $ Australia	0.94	4.62
0.8673	0.875	0.8821	CHF Swiss Franc	0.81	1.30
8:30 AM	3:00 PM	2:50 PM	Time Collected (Pacific)
Friday	Monday	Tuesday	Survey # 3
6/11/2010	6/14/2010	6/15/2010	Per Dollar	% Change Day	% Change Wk
			Americas	Pos=$US Gain	Pos=$US Gain
3.9165	3.9205	3.9175	Argentinean Peso	0.08	0.05
1.8063	1.8001	1.7995	Brazilian Real	0.03	3.56
1.036	1.0312	1.0263	Canadian Dollar	0.48	2.31
537.65	534.65	534.65	Chilean Peso	0.00	1.91
36.875	36.875	36.85	Dominican Peso	0.07	1.52
12.678	12.6369	12.6369	Mexican Peso	0.00	1.85
			Europe
0.6871	0.6786	0.6755	British Pound	0.46	2.50
21.2735	20.898	20.828	Czech Koruna	0.33	4.34
6.1409	6.0884	6.0376	Danish Krone	0.83	3.04
0.8255	0.8187	0.8116	European Euro	0.87	3.05
232	227.5	226.805	Hungarian Forint	0.31	4.52
6.4735	6.4413	6.3776	Norwegian Krone	0.99	4.30
3.3888	3.3296	3.2983	Polish Zloty	0.94	4.59
31.599	31.6605	31.66	Russian Ruble	0.00	0.44
7.9125	7.8865	7.7669	Swedish Krona	1.52	3.80
1.1495	1.1427	1.131	Swiss Franc	1.02	1.93
			Asia / Pacific Region
1.1759	1.1657	1.1578	Australian Dollar	0.68	6.16
6.8355	6.83	6.837	Chinese Yuan Renminbi	0.10	0.05
7.7905	7.7909	7.7913	Hong Kong Dollar	0.01	0.15
46.825	46.54	46.355	Indian Rupee	0.40	1.82
9,250.00	9,180.00	9,167.50	Indonesian Rupiah	0.14	1.82
91.655	91.635	91.475	Japanese Yen	0.17	0.14
3.285	3.2525	3.259	Malaysian Ringgit	0.20	2.21
1.4481	1.4398	1.4351	New Zealand Dollar	0.33	5.39
85.3	85.3	85.45	Pakistani Rupee	0.18	0.35
1.4028	1.3968	1.3937	Singapore Dollar	0.22	1.69
1,250.60	1,250.60	1,222.25	South Korean Won	2.27	0.31
32.315	32.25	32.29	Taiwanese Dollar	0.11	0.60
32.54	32.375	32.41	Thai Baht	0.11	0.70
			Africa / Middle East
5.6765	5.677	5.677	Egyptian Pound	0.00	0.11
3.848	3.819	3.822	Israeli Shekel	0.08	1.65
7.6818	7.6787	7.5931	South African Rand	1.11	2.18
1.5788	1.5697	1.5697	Turkish New Turkish Lira	0.00	2.17
3.673	3.6729	3.6729	UAE Dirham	0.00	0.00

Averages:

Average	Average	Average	From Survey 1 - 3	% Change Day	% Change Wk
6/11/2010	6/14/2010	6/15/2010	Currency / $US	Pos=$US Gain	Pos=$US Gain
1.1789	1.1661	1.1563	Average Against Aussie	0.84	5.20
0.8279	0.8187	0.8115	Average Against Euro	0.88	3.05
91.6794	91.6564	91.5460	Average Against Yen	0.12	0.09

Cross Chart:

Pos Means Top Currency Gained				One Day Change		June 15th 2010  2:30 PM
Survey # 1	HKD	AUD	CAD	CHF	GBP	JPY	EUR	USD
HKD		0.903%	0.812%	0.768%	0.424%	0.118%	0.850%	-0.014%
AUD $	-0.868%		-0.089%	-0.127%	-0.471%	-0.787%	-0.056%	-0.909%
CAD	-0.754%	0.090%		-0.044%	-0.387%	-0.885%	0.040%	-0.822%
CHF	-0.750%	0.133%	0.045%		-0.339%	-0.800%	0.079%	-0.779%
GBP £	-0.459%	0.481%	0.381%	0.337%		0.000%	0.422%	-0.427%
JPY ¥	-0.174%	0.727%	0.637%	0.594%	0.250%		0.674%	-0.187%
EUR €	-0.762%	0.043%	-0.038%	-0.084%	-0.415%	0.000%		-0.855%
USD	0.078%	0.921%	0.827%	0.788%	0.434%	0.000%	0.868%