From the daily archives: Wednesday, February 3, 2010
Feb. 3 (Bloomberg) — The dollar rose against the yen and the euro as reports showed service industries in the U.S. grew and companies cut fewer jobs than forecast last month.
Continue Reading →The British Pound is the best performing currency relative to its major counterparts, with the exchange rate continuing to hold the broad range carried over from the previous month, while Japanese Yen pared the previous day’s advance.
Continue Reading →The USDJPY is attempting to break above short term resistance at 9100 and progress towards 9190. The rally from 8481 is a 3 wave correction and the decline from 9380 has unfolded in a corrective. A larger flat may be underway from 9380. In a flat, the B wave rally (underway now) retraces a large [...]
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