| Japanese Yen Maintains Bullish Momentum Against Sterling (DailyFX) GJ has retraced 50% fib level of the current thrust downward. This is an anticipation of more JPY strength and selling opportunity to the downside to the ultimate low 127.00 area before we see any significant retrace to the upside. finance.yahoo.com |
European Central Bank sees pressure ease (AP) While Federal Reserve chairman Ben Bernanke faces pressure to spur the U.S. recovery, European Central Bank president Jean-Claude Trichet can take life a bit easier. finance.yahoo.com |
FOREX-Dollar surges after Japan intervenes to weaken yen [at Reuters] - * Japan intervenes for first time in six years * Dollar rises to 85.77 yen, runs into strong offers * Key resistance above 86 yen still untested us.rd.yahoo.com |
Forex: British Pound Maintains Overnight Advance Despite Lower IMF Growth Forecast, U.S. Dollar Continues To Lose Ground [DailyFX] - The British Pound rallied to a fresh monthly high on Tuesday as the economic docket reinforced an improved outlook for the region, but market sentiment could play a greater role in driving price action throughout the North American session as risk appetite appears to be tempering off. finance.yahoo.com |
NZ dollar consolidates The New Zealand dollar consolidated around US75c today as investors took profits in the US dollar market ahead of a US payrolls report tonight.The NZ dollar soared to just below US76c on Thursday night but then it fell when the... nzherald.co.nz |