Today in Forex Trading: US Economic Data Shows Improvement

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ForexLive US wrap-up: Turn-around Tuesday | ForexLive

Cable was under pressure throughout the session after a US investment house issued a buy recommendation in EUR/GBP. Comments from Pimco that they see a high probability of a UK debt downgrade from AAA if the deficit plan is not improved … USD/JPY sold off heavily at mid-morning as profit-taking dominated the session. Japanese exporters sold rallies above 92.00 this morning and buying by Kampo at 91.60 only slowed the decline. BIS bids were rumored near the 91.26 lows. …

Dollar Unfazed by ISM Miss as Traders Look to Payrolls | Kathy …

That's eur/usd. Semaj. January 06, 2010 at 12:03 PM ET. The gbp/usd may have just made a 4 hr higher low @ a 78.6 fib while the usd/jpy may have just competed a 4 hr lower high @ a 78.6 fib as well. Could the inverse relationship of …

US Economic Data Continuing To Show Improvement | Forex Trading

EUR/JPY was able to show some small gains but EUR/GBP and EUR/GBP were quite weak. Little Economic data was released but German December CPI did beat forecasts at 0.7% vs. -0.1% previously. The EUR/USD fell -0.38% closing at 1.4323, …

Oil & Gold Broke To The Topside | Forex Trading

EUR/GBP had a good session as traders took some profit from the recent Pound rally. EUR/JPY remained buoyant after testing the downside in Asia to close above the Y133 level. Overall the EUR/USD traded with a low of 1.4257 and a high of …

Dollar, JPY Gain, as Disappointing U.S Data Pushes Investors back …

A decline in equities following the release of the disappointing U.S Pending Homes Sales data put further pressure on the EUR as investors shied away from riskier assets and turned to the safety of the USD and JPY. … GBP/USD. The pair is still trading within the bearish channel as the direction still points downward. However there is a bullish hint in the form of a cross on the 2 hour Slow Stochastic. The hourly chart's Bollinger Bands are tightening which indicates …

Technical Analysis | Forex Technical Analysis

The question now is can the EUR/USD bearish run continue into midday trading? We will have to wait and see! GBP/USD The GBP/USD Daily Chart illustrates just how volatile the pair has been trading over the past several weeks. …

Euro Rides the Rollercoaster As Funding Fears Escalate | Boris …

USD/JPY remains firm above 92.00 in quiet trade; AUD/USD rallies to 91.50 as housing data remains strong; GBP/USD holds bid all night long and PMI services helps to keep it above 1.6000; EUR/USD recovers from early sell-off jitters on …

Technical analysis of popular pairs (EUR/USD GBP/USD USD/CHF USD …

Technical analysis of popular pairs (EUR/USD GBP/USD USD/CHF USD/JPY) Interactive Trading.