Currency Focus
EUR/USD
EUR/USD rebounds at 1.3980, back above 1.4000
FXstreet.com | Fri, Jul 3 2009, 11:46 GMT
After capping its recovery from 1.3928 at 1.4028 and falling around 50 pips to trade below to 1.4000, EUR/USD has been rebounded from 1.3980 to levels close to 1.4015 in the last hour. Currently the pair is trading around 1.4005/15, posting 0.35% daily gains from opening price.
GBP/USD
GBP/USD falls further to test 1.6300
FXstreet.com | Fri, Jul 3 2009, 11:20 GMT
The GBP/USD's rejection from 1.6430 in the early European morning has continued and the pair has fallen around 130 pips to test 1.6300 level, posting 1.6302 as fresh 1-week low. Currently the pair is trading around 1.6300/10, 0.25% below opening price.
USD/JPY
USD/JPY rejects 96.10 and falls below 96.00
FXstreet.com | Fri, Jul 3 2009, 07:25 GMT
The USD/JPY's recovery from 95.70, yesterday and today's low, has been capped at 96.10 resistance (38.20% Fib retracement in Aug 15 high and Dec 17 low). Pair has fallen below 96.00 level to trade close to 96.90. Currently the pair is trading 0.15% above today's opening price.
USD/CHF
USD/CHF rises above to 1.0870, recovering initial losses
FXstreet.com | Fri, Jul 3 2009, 09:17 GMT
After falling to test 1.0830 (EMA55 hourly channel) from 1.0880 in the Asian session, USD/CHF has begun to recover its previous losses to post 1.0876 in the European session.Currently the pair is trading around 1.0860/70.
Other currencies
NZD/USD drops from 0.6470 to 0.6275
FXstreet.com | Thu, Jul 2 2009, 13:57 GMT
The NZD is collapsing today on weaker oil prices. Crude is falling today more than 3.5% on a worst-than-expected unemployment report.
Archive
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