Daily Market Overview: EUR/JPY

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 108.73
Daily minimum: 107.30

The single European currency moved higher today against the Japanese yen, piercing the 108.27 mean, due to more-than-forecast monthly CPI in Germany (0.7% act./0.5% est.).

Daily Resistance: 107.46; 109.57; 110.75; 
Daily Support: 106.81; 106.17; 97.12. 
Daily Bias: Bullish.

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Tue, 28 Feb 2012 20:21:30 GMT

Daily Market Overview: GBP/USD

The British pound edged slighly higher over the greenback as sales in the UK improved, according to the Confederation of British Industry (-2 act./-17 est.).

Tue, 28 Feb 2012 20:21:17 GMT

Daily Market Overview: EUR/USD

The single European currency erased earlier weekly gains and breached the daily forecast mean at 1.3409 as the CB consumerc confidence index rose in the US (70.8 act./63.1 est.).

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