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Forex: USD/JPY: Dollar moves to above 96.50
FXstreet.com (Barcelona) - The Dollar has remained bounced at 96.20 on Early European session and the pair rose to levels right above 96.50 at the moment of writing, approaching today and yesterday's highs at 96.70/95.According to Carol Harmer, technical analyst at Charmer Charts,96.70/95 will be the key level today:96.70/95 will be key again today and if buyers can push through then 97.24 will be next. Good resistance here could cap the rally but if the momentum carries on then buyers
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Forex: Pound losses to CHF, JPY and GBP
FXstreet.com (Córdoba) ? Cable lost part of the monthly gains against the majors except the Dollar. To the Euro, today was the first after five consecutive days that EUR/GBP doesn?t fall to fresh multi-month lows. EUR/GBP rose today and currently the pair is above 0.8500. During the American session the Pound recover part of the losses but it wasn?t enough. GBP/CHF fell today for the second time in nine sessions. The pair failed to break above six-month high and
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Forex: EUR/USD declines 1.65% today to post 1.3755 as 3-week low
FXstreet.com (Barcelona) - EUR/USD is currently losing 1.65% during today's session from 1.3977 opening price to the post 1.3755 as new 3-week low. Currently the pair is trading around 1.3760/70.Greg Holden, analyst at ForexYard, comments that Dollar is up as Russia sees no other alternative to the U.S. currency: The EUR came under selling pressure against the greenback on Monday after the UK Daily Telegraph reported on its website that Germany's top industrial group has warned that Germany's credit crunch
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