Daily Market Overview: GBP/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.5872
Daily minimum: 1.5786

The Cable commited a decline after touching the market participants' daily target (1.5861) today as UK servicess PMI declined more than forecast (53.8 act./55.0 est.).

Daily Resistance: 1.5924; 1.6066; 1.6159.
Daily Support: 1.5873; 1.5755; 1.5397.
Daily Bias: Neutral.

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Mon, 05 Mar 2012 17:43:17 GMT

Daily Market Overview: USD/JPY

The Japanese yen depreciated versus the US dollar, piercing the daily forecast mean (81.63) on strong ISM non-manufacturing PMI (57.3 act./56.1 est.).

Mon, 05 Mar 2012 17:01:18 GMT

Daily Market Overview: EUR/USD

The single European currency reversed today versus the American dollar and broke through the daily forecast mean (1.3226) as monthly retail sales in Europe improved (0.3% act./0.0% est.).

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