Market News 30 JAN 2013
Currencies EUR/USD The dollar reached its lowest level against the Euro in over a year; it fell against all but one of the major currencies. At 5 pm New York time it traded at 1.3492 dollars per euro, its weakest level in over a year. The pair traded at 1.3478 a 0.17 percent increase and it is expected to find support at 1.3265 and resistance at 1.3496.
USD/JPY The Japanese yen traded lower than most other currencies. It lost 0.2 percent against the euro and traded at 90.20 per dollar at 2:39 pm Tokyo time. It is expected for the yen to lose up to 4.6 percent against the dollar for the whole of January. The U.S. dollar traded at 90.73 yen.
GBP/USD After a streak of losses the British pound redeemed its five months low against the dollar. The pound gained 0.3 percent and at 4:30 pm London time it traded at 1.5741 dollars. So far this year the British pound is one of the two weakest currencies right above the Japanese yen. The pair traded at 1.5768 this morning, increasing 0.50 percent. It is expected to find support at 1.5673 and resistance at 1.5784.
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Currencies EUR/USD The dollar reached its lowest level against the Euro in over a year; it fell against all but one of the major currencies. At 5 pm New York time it traded at 1.3492 dollars per euro, its weakest level in over a year. The pair traded at 1.3478 a 0.17 percent increase and it is expected to find support at 1.3265 and resistance at 1.3496.
USD/JPY The Japanese yen traded lower than most other currencies. It lost 0.2 percent against the euro and traded at 90.20 per dollar at 2:39 pm Tokyo time. It is expected for the yen to lose up to 4.6 percent against the dollar for the whole of January. The U.S. dollar traded at 90.73 yen.
GBP/USD After a streak of losses the British pound redeemed its five months low against the dollar. The pound gained 0.3 percent and at 4:30 pm London time it traded at 1.5741 dollars. So far this year the British pound is one of the two weakest currencies right above the Japanese yen. The pair traded at 1.5768 this morning, increasing 0.50 percent. It is expected to find support at 1.5673 and resistance at 1.5784.
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