Friday, February 19, 2010

Green currency rose against the euro and pound

The dollar continued its growth in the Asian session, after the Fed announced its willingness to increase the discount rate from 0.25% to 0.75%, indicating that the Bank will leave its eksponsionistkoy policy. But the application was accompanied by any specific decision. Dollar Index rose to its highest level since June 16, reaching a level of 81,25. Today will be released data on consumer price index from the U.S., which will affect trade in the Dollar.

Euro / dollar fell on the Asian session to its lowest level since May 18, reaching a level of 1.3454, and currently is trading around 1.3474 with signs of oversold conditions of the four-momentum. Now go Eurozone PMI data, which will influence the trading pair.

Pair Pound / dollar fell on the Asian session to its lowest level since May 19, at 1.5408. As expected, based on the daily stochastic indicators, the couple will continue to decline. Today the trading range is within the range 1.5500 - 1.5280.

Couple Dollar / Yen ranges from 91.98 maximum and minimum of 91.67. Today, according to a four-day-and stochastics, expected depreciation. Trading range for today is in the range 92.25 - 91.10.

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