Thursday, March 31, 2011

EUR/USD 1,4172

The Euro holds steady after the release of the Irish Banks tests. The EUR/USD is trading barely below 1.4200 after finding support around the 1.4150 area while GBP/USD continues its recovery from 1.6015, daily low, and is trading back above 1.6050. USD/JPY remains moving in ranges below 83.00.

Commodity currencies are extending gains versus the Dollar. The Aussie is trading at fresh historic highs at 1.0370 while NZD/USD rose above 0.7640.

Greenback is also lower against the Canadian Dollar after being unable to hold to gains. USD/CAD retreated from 0.9725 and pulled back below 0.9700.

source: fxstreet.com

13 comments:

  1. So where is it gonna be the next few day? Check me out, alphabetalife.blogspot.com

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  2. the dollar value is dropping.

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  3. i dislike canadian currency

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  4. As much as I love to see the canadian dollar higher than the greenback, I think it's hurting our business a bit

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  5. i just hope that the portuguese bank tests come quickly.

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  6. Yep. The dollar is pretty much screwed. Thanks alot Federal Reserve...

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  7. interesting post. thanks for the info

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  8. I'll take this into consideration

    ReplyDelete