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Forex: GBP/USD holds above 1.4600

FXstreet.com (Córdoba) ? Pound weakened against the dollar during the American Session. GBP/USD now is recovering after reaching a session low at 1.4576. The pair has been moving in a small range in the last hours between 1.4590 and 1.4625. For the day is practically unchanged falling 0.07%. At 1.4510 GBP/USD has a key support level tested early today and also on Monday. During the week the pair has been traded in sideways, with no clear direction. GBP/JPY recovers after

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Forex: USD/CHF falls 0.60% on the day, below 1.1500

FXstreet.com (Barcelona) - After trading in a small range between 1.1550 and 1.1580 along the Asian session, the USD/CHF has fallen around 110 pips from 1.1600, in the European session, to reach the 1.1482, fresh intra-week low. Currently the pair is trading around 1.1490/1.1500, a 0.60% daily decline from 1.1564 opening price.Valeria Bednarik, FXstreet.com collaborator, says: Breaking the range to the downside, indicators support further downside in the pair, under 1.1500 zone. Price is under 20 SMA that is quickly

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Forex: GBP/USD test 1,4700; USD/CHF falls to 1,6030

FXstreet.com (Córdoba) ? After breaking 1.4600 and a small correction the pound rallied to 1.4700. Now is testing that zone. For the day GBP/USD has already risen 200 pips, recovering of yesterday losses. The hard fall of yesterday put doubts over the up trend of the GBP/USD that took the pair above 1.5000 for some hours last week. After that, the sterling fell for three consecutive days. Swiss Franc rises after half session After staying in a range between

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Low volume and range trading characterized Friday

FXstreet.com (Córdoba) ? The Dow Jones Industrial Average transit between gains and losses during the trading session and finally ended up 0.5%; for the week gained 1.7%. In Forex activity was characterized by low volume and range trading; with no mayor moves across the board. USD/JPY ended the American session lower but above 99.00. GBP/USD rose after starting at a session low at 1.4825. The pair moved in an up trend constantly but with quiet moves topping at 1.4920.

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Sterling closing at 1.5230

FXstreet.com (Buenos Aires) ? The Sterling (GBP) moved around a lot before finding solid support below 1.5100 and rallying to mid 1.52?s. EUR/GBP remained in the tight range developing just below 0.9000. GBP/JPY buying lifted the pair into the US session.?Overall the GBP/USD traded with a low of 1.5057 and a high of 1.5249 before closing the day at 1.5230 in the New York sesión,? said Easy Forex Team.For more information, read our latest forex news.

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Forex: AUD/USD: Aussie reaches 6-month high at 0.7385

FXstreet.com (Barcelona) ? The Aussie has posted a 140 pips rally on early European session rising from 0.7230 levels trough 0.7300/25 resistance area to hit 0.7385, the highest level since October 6. At the moment, the Aussie trades at 0.7266 ; 1.70% above its opening price.On the upside, next resistance levels remain at 1.4385/4400 area, and above here, 1.540. Support levels lie at 0.7325 and 0.7300.According to the E-Forex Team, the Aussie is on the upside and potential pullbacks will

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Stronger Canadian Retail Sales Unable to Support Canadian Dollar

The Canadian dollar has shrugged off stronger-than-expected retail sales and continues to lose ground against the U.S. dollar ahead of the North American trading session on Friday.Due to a Japanese government holiday, trading in the Asian session was relatively quiet for USD/CAD, which has traded in a fairly tight range. However, volatility picked up in the European session where the cross hit a session low at 1.2293 CAD. The U.S. dollar was quick to recover its losses,

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