Daily Market Overview: USD/JPY

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 77.78
Daily minimum: 77.62

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.

Daily Resistance: 77.84; 77.95; 78.06. 
Daily Support: 77.62; 77.51; 77.40. 
Daily Bias: Neutral.
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Wed, 07 Dec 2011 17:54:29 GMT

Daily Market Overview: USD/CHF

The pair continued moving upwards as the US economic recovery is apparently getting faster pace, hence the market mean at 0.9251 has been successfully pierced.

Wed, 07 Dec 2011 17:54:17 GMT

Daily Market Overview: GBP/USD

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.

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