CurrenciesEUR/USDThe euro slid 0.1 percent to1.3056 dollars.
The euro which is considered in crisis, awaits its fate when the European
Central Bank will meet on Thursday. The pair hit 1.3037 in the morning which is
its lowest since Monday.
USD/JPYThe Japanese yen has fallen once more against most of its
counterparts. The two day loss has the currency losing 0.3 percent and falling
to 88.17 dollars at 6:39 London time. On the 4th of January the
currency had reached its lowest level in over two years.
The Australian dollar
has gained its three week high against the dollar. As imports and exports in
China improve, its major trading partner Australia, has been positively
affected and the country’s currency has been improving. The Aussie touched its
strongest price since the 18th of December with 1.0555 dollars,
before falling to 1.0552 dollars at 4:31 pm Sydney time, which is a 0.3 percent
GBP/USDThe British currency has suffered a big loss and has fallen
lower than most of its counterparts, occupying the second to last spot. It
reached its lowest level since the 30th of November at 1.5993
dollars, it then rose to 1.6012 dollars at 4:38 pm London time.
10 jan 2013 Majors EUR/USD: SHORT AT 1.3110 FOR A 1.2985 OBJECTIVE, STOP AT 1.3160 USD/JPY: BUY AT 87.60 FOR 89.78; STOP AT 86.75 GBP/USD: BUY AT 1.5980 FOR A 1.6135 OBJECTIVE, STOP AT 1.5910 USD/CHF: LONG AT .9230 FOR .9337; REVISE STOP AT .9230 AUD/USD: LONG AT 1.0490 FOR 1.0625, STOP AT 1.0440
USD/CAD: SHORT AT .9884 FOR .9764, REV STOP AT .9889
Crosses EUR/JPY: BUY AT 114.08 FOR 116.23 OBJECTIVE, STOP 113.02
EUR/GBP: LONG AT .8112 FOR A .8225 OBJECTIVE, STOP AT .8117
EUR/CHF: LONG AT 1.2071 FOR A 1.2129 OBJECTIVE, STOP AT 1.2059
EUR/CAD: SELL AT 1.2950 FOR 1.2710 STOP AT 1.3020
GBP/JPY: POSS BUY
NZD/USD: LONG AT .8345 FOR A .8477 OBJECTIVE, STOP AT .8330 read more