Monday, 12 May 2014

Latest news

Retail positioning data and the FXstreet's Forecast Poll reflect the belief that the euro trend remains powerful and its current sell-off is lacking fundamental depth. From a pure chartist perspective, the market reacted on the 1.40 psycho level which will act now as a big attractor.

USDJPY downward pressure building

 USD/JPY is trading at 102.15, up 0.29% on the day, having posted a daily high at 102.18 and low at...USD/JPY is still trading comfortably within its 3-session range and its broader 3-month 101.20 to 1.0413 range.

 

Latest news 

  GBP/JPY rises back above 172.00 

 FXStreet  |  Mon, May 12 2014, 18:32 

  United States Monthly Budget Statement came in at $106.9B disappointing expectations ($114B) in April


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