Daily Market Overview: GBP/USD

Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 1.5628

Daily minimum: 1.5468

The British pound lost ground versus the Dollar on more-than-forecast US non-farm employment data, suggesting the US economy is successfully recovering, though the daily target at 1.5622 has been approached.


Daily Resistance: 1.5666; 1.5711; 1.5755. 
Daily Support: 1.5577; 1.5533; 1.5488. 
Daily Bias: Neutral.
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Thu, 05 Jan 2012 16:57:19 GMT

Daily Market Overview: USD/JPY

USD declined today as investors preferred yens over the dollar on EU debt worries, causing the pair to move breach the 76.70 mark for Thursday.

Thu, 05 Jan 2012 16:57:11 GMT

Daily Market Overview: EUR/JPY

The common European currency depreciated against the American dollar, leaving the daily forecast mean (1.2964) intact on declining German Retail Sales and strong US employment change.

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