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Markets 05.07.10

Discussion in 'Forex Daily News & Outlook' started by uwcfx, Jul 5, 2010.

  1. uwcfx

    uwcfx New Member

    Apr 14, 2010
    Likes Received:
    Today during the European session USD goes up against all major currencies;
    EURO/USD has not shown special reaction to the data published according to the PMI index.

    It was one of the lowest week closings of USD/YEN and it proves the possibility of downside movement next months too.

    GBP/USD is strengthening; the support level of the pair is 1.5115.

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