Market Expectations: EUR/JPY

Note: This section contains information in English only.
Source: Dukascopy
Daily maximum: 104.13
Daily minimum: 103.40

The common European currency inched lower today versus the Japanese Yen and pierced the market mean at 103.81 as worries over the EU debt crisis caused investors to seek for safe-havens.

None of the resistance (104.17; 104.76; 105.74) and support (103.19; 102.81; 101.83) levels has been tested yet. The daily market stance remains strongly bearish.
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Thu, 17 Nov 2011 17:02:28 GMT

Market Expectations: GBP/USD

The UK economy shows no signs of recovery therefore making investors selling the British currency versus the American dollar, crossing the market mean at 1.5753.

Thu, 17 Nov 2011 17:02:13 GMT

Market Expectations: EUR/USD

The Euro-Dollar pair moved lower today as the American economy showed signs of growth: unemployment claims declined to 388K versus expected 396K and buildings permits rose to 0.65, more than the 0.60M estimate.

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