Daily Market Overview: EUR/JPY

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 104.20

Daily minimum: 103.01

The Euro pierced the market participants' forecast at 104.16 against the Yen though it went lower as investors acquired yens on the EU debt concern.

Daily Resistance: 104.54; 104.90; 105.29. Daily Support: 103.79; 103.40; 103.04. Daily Bias: Neutral. 

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Wed, 21 Dec 2011 17:06:17 GMT

Daily Market Overview: GBP/USD

GBP/USD commenced the upward rally after the Bank of England kept its benchmark rate at the same level (0.50%) as the recovery remains weak. The daily forecast consensus at 1.5685 was breached today.

Wed, 21 Dec 2011 17:06:00 GMT

Daily Market Overview: EUR/USD

The shared European currency advanced today as the pair continued its recovery after the ECB cut the benchmark rate at 1.00% and agreed to provide unlimited cash to banks for 3 years. As a result the traders' forecast mean at 1.3406 has been breached.

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