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Sun, Oct 12 2008, 16:24 GMT New York  12:24 London  17:24 Barcelona  17:24 Tokyo  01:24 Sydney  03:24
EUR/USD  1.3403 | -1.3%      GBP/USD  1.7063 | 0.27%      100 JPY/USD  0.9923 | -1.58%      AUD/USD  0.6437 | -2.64%      CHF/USD  0.8774 | -1.95%      CAD/USD  0.8506 | -0.78%      USD/JPY  100.7759 | 1.61%      
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Rates update: 2008-10-10
 
USD going up, but no evidence for massive bullish behavior
 Posted on May-29-2008


The USD has advanced across the board but there is no evidence that the greenback is at the forefront of a larger bullish move. Support in the EURUSD is in the 1.5570/1.56 zone. Expectations are now for a spike through 105.70 in the USDJPY to complete a triple combination correction from 95.72.

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