Daily Market Overview: USD/JPY

Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 78.16

Daily minimum: 77.80

USD advanced today as investors sold safe-haven yens against USD as investors flee to the US T-bills on the EU debt fears, thus the daily forecast at 77.78 remained untapped today.

Daily Resistance: 77.96; 78.13; 78.31. Daily Support: 77.61; 77.43; 77.26. Daily Bias: Neutral.

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Mon, 19 Dec 2011 16:58:19 GMT

Daily Market Overview: USD/CHF

The daily market forecast mean at 0.9369 has been hit as investors moved to the safer US assets as investors are concerned about the EU economic prospects.

Mon, 19 Dec 2011 16:57:57 GMT

Daily Market Overview: GBP/USD

The British pound pared its last week losses after Chancellor George Osborne stated the UK will introduce the ICB Bank reforms to enhance the banking sector in the country. As a result, the daily forecast mean has been breached at 1.5532.

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