EUR/USD
The pair is just managing to keep its higher levels in European morning trading, at 1.2895 right now. We expect a down market for today, in quiet trading down to levels around 1.2840.
GBP/USD
Cable started the week with another rise in Asian trading and seems to be continuing that stance in the early European market, which is presently standing at 1.5490. We doubt that there is much more bidding power in the market for today and reckon with downmoves to 1.5375.
USD/CHF
In a quiet summer market, the dollar is still defending its higher prices against the Swiss franc in the European morning session and is priced right now at 1.0521. We see more bidding coming up today, from levels around 1.0520, sending the market up to slightly above 1.0600.
USD/JPY
After reaching a high near 87.70 against the yen in Asian trading today, the dollar slumped in the European morning market, to 87.10 right now. We expect more weakness for today, setting in around the marks slightly higher, around 87.35, and leading to 86.45.
The pair is just managing to keep its higher levels in European morning trading, at 1.2895 right now. We expect a down market for today, in quiet trading down to levels around 1.2840.
GBP/USD
Cable started the week with another rise in Asian trading and seems to be continuing that stance in the early European market, which is presently standing at 1.5490. We doubt that there is much more bidding power in the market for today and reckon with downmoves to 1.5375.
USD/CHF
In a quiet summer market, the dollar is still defending its higher prices against the Swiss franc in the European morning session and is priced right now at 1.0521. We see more bidding coming up today, from levels around 1.0520, sending the market up to slightly above 1.0600.
USD/JPY
After reaching a high near 87.70 against the yen in Asian trading today, the dollar slumped in the European morning market, to 87.10 right now. We expect more weakness for today, setting in around the marks slightly higher, around 87.35, and leading to 86.45.
