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Markets 05.07.10

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Old 05-07-2010, 13:54
Level IV Lasers Member
Join Date: Apr 2010
Posts: 171
Default Markets 05.07.10

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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