Daily Market Overview: USD/JPY

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 77.78
Daily minimum: 77.56

The American dollar moved higher today against the yen, leaving the forecast mean at 77.55 intact, after the preliminary Consumer Sentiment has been released at 67.7, more than expected, indicating the US economic recovery is getting stronger.

Daily Resistance: 77.90; 78.18; 78.56. 
Daily Support: 77.24; 76.86; 76.58. 
Daily Bias: Neutral.
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Fri, 09 Dec 2011 17:34:35 GMT

Daily Market Overview: USD/CHF

USD/CHF advanced upwards today as University of Michigan Preliminary Consumer Sentiment was larger than expected, crossing the market mean at 0.9247.

Fri, 09 Dec 2011 17:34:02 GMT

Daily Market Overview: GBP/USD

The British pound continued its bearish trend after the m/m Production Price Index was released at 0.1% - less than expected, pointing at a slowing pace of the UK economic recovery. The daily target at 1.5656 has been hit.

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