rockstar Posted January 19, 2012 Share Posted January 19, 2012 Flat trading dominates the currency market on a low volume week. Most crosses are making limited moves and most remain in ranges. Greenback is trading slightly lower versus European currencies and is mostly unchanged against commodity currencies. The EUR/USD is holding above 1.3055/60, posting daily gain of less than 30 pips. The GBP/USD recovered from earlier losses and peaked at 1.5677. Cable holds near the highs, up 0.20% from today’s opening price. The Swiss Franc continues to move sideways against Greenback. The USD/CHF remains inside yesterday’s trading range, after being unable to break above 0.9370, to the downside it remains supported by the 0.9330 area. Among European currencies, the best performer is Pound and the worst is the Euro. Quote Link to comment Share on other sites More sharing options...
ermaniso2011 Posted January 20, 2012 Share Posted January 20, 2012 next week we can expect the correction ,as of now euro has no reason to recover against usd.what is happening now is the big players wants to pull euro to up before they will dive again.l m expecting euro is going to lows of last year then maybe will start to recover back.let watch it carefully. Quote Link to comment Share on other sites More sharing options...
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