Daily Market Overview: GBP/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.5723
Daily minimum: 1.5595

The British pound went lower today versus the American dollar after the UK economy posted less-than-expected Manufacturing and Industrial product at -0.7% and -0.3% versus 0.1% and 0.0% respectively. Thus, the daily target at 1.5605 has been pierced.

Daily Resistance: 1.5654; 1.5709; 1.5756. 
Daily Support: 1.5552; 1.5505; 1.5450. 
Daily Bias: Neutral.
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Wed, 07 Dec 2011 17:54:23 GMT

Daily Market Overview: USD/JPY

USD/JPY returned to the 77-78.00 price after the Japanese Leading Economic Indicators were released at 91.5% - lower-than-expected – suggesting that the economic recovery is weak in Japan. As a result the market participants' target at 77.73 has been hit.

Wed, 07 Dec 2011 17:54:08 GMT

Daily Market Overview: EUR/JPY

EUR/JPY inched higher today on renewed hopes among investors the EU debt crisis solution will be elaborated during the Eurozone summit this Friday, causing the market mean at 104.07 to breach.

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