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2 Jan 2015

Update: EUR/USD posts fresh low

FXStreet (London) - EUR/USD has posted a low at 1.2051 before retracing losses to where it is presently trading at 1.2063, down -0.3% on the day.

With thin volume, an empty calendar and 2012 lows within touching distance, traders should keep on eye on this chart throughout this session. Later today during the London session we have a smorgasbord of European Manufacturing PMI data.

Jan 2, 2015

GBP/JPY above 187... but can it hold?

GBP/JPY has gained as the yen weakens, with spot trying to close above the 187 mark.

AUD/USD trades near 10-DMA

The Australian dollar has begun the new year on a weak note; trading lower against the US dollar around the 10-DMA located at 0.8136.