Daily Market Overview: GBP/USD

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.5725
Daily minimum: 1.5656

The British pound continued its recovery after the release of Price Manufacturing Index (PMI) at 52.1 – more than expected, leaving the market mean at 1.5622 intact today.

Daily Resistance: 1.5689; 1.5782; 1.5839. 
Daily Support: 1.5539; 1.5482; 1.5389. 
Daily Bias: Neutral.
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Mon, 05 Dec 2011 16:52:48 GMT

Daily Market Overview: USD/JPY

The American dollar advanced today as investors sold safe-haven yens against USD on hopes the EU debt crisis solution will be revealed this week. As a result, the market participants' target at 77.91 has been pierced.

Mon, 05 Dec 2011 16:52:39 GMT

Daily Market Overview: EUR/JPY

The single European currency inched higher today as investors are optimistic regarding the potential EU debt crisis solution, causing the market participants' mean at 104.69 to breach.

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