Forex:EUR/USD under pressure, trading 1.4281

2010-01-20 10:06 | View:

Today, the three major U.S. stock market has made remarkable achievements in the future, IBM's financial support from the positive. Only in the short term the market a lot lower than expected revenues on JPMorgans, and now have to deal with other reports, this week, the big banks. Nikkei followed suit about 70 basis points fixed-inch opening.

U.S. dollar in early Asian trading today, the major currency unit, the situation is as follows: EUR / USD 1.4404/08 (+0.15%), CHF 1.0242/45 (-0.04%), cable 1.6364/69 (+0.15%), USD / JPY 90.48/58 (-0.33%).

EUR / USD trading at 1.4285 in the vicinity of the neutral oscillations Tuesday. Weakening of the dollar, investors face the fear of the motion of the Greek economy and its government's ability to correct errors off riskier assets. Pair is the same, because the United States meeting.

"Europe in Asia convening of the meeting an hour indicators at the bottom of the saturated bearish tone." Valeria Bednarik said that in the FXstreet.com collaborators, "the local share market likely to rise, taking cues from Wall Street's gains, but it is difficult to affect the current stock movements right. Support levels: 1.4250 1.4215 1.4180. Resistance price: 1.4310 1.4335 1.4390. "

They increased by only 1 pip from the open and 1.4281, the current industries, such as thin trading early Asian trade to continue.

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