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9 Apr 2013

Forex: USD/CHF declines to 10-week lows at 0.9305

FXstreet.com (San Francisco) - After falling around 50 pips from 0.9355 in the latest couple of hours, the USD/CHF has broken down the 0.9315 and it has reached fresh lowest level since February 28 at 0.9305. Currently the pair is trading at 0.9315.

The USD/JPY is trading slightly bearish according to the FXstreet.com trend index. Indicators such as MACD, CCI and Momentum are pointing bearish while the Stochastic is neutral in the 1-hour chart.

Below 0.9305 area, next supports are at 0.9290 (50% fib retracement from the Feb 28 to March 14 advance) and the the Feb 28 low at 0.9280. On the upside, resistances are at 0.9320, 0.9350/60 area and 0.9380.
Apr 9, 2013

Forex: USD/MXN dips to session lows

The Mexican peso is gathering pace against the greenback on Tuesday, after the Aztec economy posted an annualized inflation of 4.25% in March, higher than February’s 3.55%. The Core Inflation during...
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Apr 9, 2013

Forex: EUR/JPY eyes 130.00 as sentiment sharpens

The pair continues its march north on Tuesday, attempting once more to reach the 3-year highs above the key 130.00 level bolstered by the upbeat sentiment surrounding the single currency...
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