Forex Trading News of January 2, 2012

Forex Trading NewsFOREX-Euro hits decade low vs yen, remains vulnerable
Source: Reuters

The euro fell as low as 98.71 yen on EBS trading platform, its lowest since late 2000, extending falls seen on Friday when it broke below 100 yen to finish the year down around 8 percent. It later recovered to 99.60 yen, with liquidity thin as Asian, … See More »


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  • Forex – Dollar Mixed, Euro Slips Lower In Thin Trade

Source: Daily Markets (blog)

By Forexpros on January 2, 2012 | More Posts By Forexpros | Author’s Website Forexpros – The US dollar was mixed against its major counterparts in holiday-thinned trade on Monday, while the euro slipped lower against both the greenback and the yen at … See More »

  • Forex Trading: USDCHF Ends The Year At The Midpoint Of The Move Down From The …

Source: Daily Markets

If it is able to push through, the December high at 0.9546 followed by the 100 week moving average at the 0.9613 level will be the next key targets for traders. If on the otherhand, the market decides to continue to take profit against the key … See More »

  • Forex Trading: EURUSD Ends The Year Near The Lows For The Year

Source: Daily Markets (blog)

A move below this level – and staying below this level – will be needed in trading this week to keep the downside momentum going. On a break of the 1.2930 level, traders will be looking for the 2nd break of the 1.2873 level to open up further selling. … See More »

  • Forex Trading: USDJPY Ends 2011 By Moving Below The 100 Day Moving Average …

Source: Daily Markets (blog)

Traders will be looking for more downside momentum which will next target the 76.56 low from Mid November and then the all time low at the 75.56 level. That low was reached in October 2011 and led to intervention from the Bank of Japan. … See More »

  • TFIFX Introduces the Premium Retail Forex Trading Account, one of the World’s …

Source: PR Newswire (press release)

European foreign exchange broker extends its retail product range with a ground-breaking Premium retail forex trading account. TFI Markets ltd, a principal provider of online Forex Trading services since 1999, introduces a unique Premium retail account … See More »

  • Forex Trading: GBPUSD Ends An Up And Down December With A Sharp Rally

Source: Daily Markets (blog)

The January 2011 low of 1.5405 was also near this key level and gave traders a reason to buy on the quick failure. The up and down December still needs to develop the next trend for the pair. If I were to put a bias, it would be to the downside as the … See More »

  • Forex – Dollar mixed, euro slips lower in thin trade

Source: Forex Pros

By Forexpros | Forex News | Jan 02, 2012 08:21AM GMT Forexpros – The US dollar was mixed against its major counterparts in holiday-thinned trade on Monday, while the euro slipped lower against both the greenback and the yen at the start of the New Year … See More »

  • Technical Market Commentary

Source: FXstreet.com

by Abhishek Goenka – India Forex Advisors | View company’s profile EUR/USD: EUR is currently trading at 1.2929 levels. Euro continues to trade in downward trajectory as Italy’s 10 year yield ended 2011 near the 7 percent mark which is considered … See More »

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