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Forex Market Trading Experience News

Forex: AUD/USD trading in range of 0.9250Friday, September 10, 2010 @ 9:13AMFXstreet.com (Barcelona) - The AUD/USD recently came off daily highs dropping some 30 pips only to find firm support around the 0.9240 mark. The pair has since settled slightly higher, trading in range of 0.9250 yet finding difficulties to surpass resistance and break higher.

Forex: USD/CAD pares earlier lossesFriday, September 10, 2010 @ 8:58AMFXstreet.com (Barcelona) - Despite falling to a 3-week low following the slight uptick in the Canadian unemployment rate, the USD/CAD has been able to recover past even on the day. In early trading over NY, the pair quotes at a daily high of 1.0350 where it is a modest 0.07% higher since open.

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Forex: USD/JPY rebounds at 84.45 and jumps to 85.11, fresh daily highFriday, August 27, 2010 @ 10:43AMFXstreet.com (Córdoba) – The Yen weakened across the board as stocks rally and Treasuries tumble. USD/JPY rebounded at 84.45 and jumped to 85.11, hitting a fresh 3-day high. The pair currently is fighting to hold above 85.00 and trades more than 50 pips above today’s opening price.

Forex: Dollar falls across the boardFriday, August 27, 2010 @ 10:28AMFXstreet.com (Córdoba) – The Dollar is falling across the board as market sentiment improves. EUR/USD broke above 1.2740 and jumped to 1.2775, hitting a fresh weekly high. Greenback is also tumbling against currencies tied to commodities and trades at daily lows.

Forex: EUR/USD falls to 1.2680, fresh daily low as Bernanke speaksFriday, August 27, 2010 @ 9:58AMFXstreet.com (Córdoba) – The Euro broke to the downside the range in which it had been trading since the Asian session and fell to 1.2680 hitting a fresh daily low. But rebounded and rose quickly to 1.2715 as stocks in Wall Street turned positive after testing weekly lows.

Forex: GBP/USD slieds to session low below 1.5465 after US consumer confidenceFriday, August 27, 2010 @ 9:43AMFXstreet.com (Barcelona) - The Pound is gaining downside momentum as retreat from yesterday's high at 1.5600 extended 50 pips lower after the downward revision of of US Michigan Consumer Confidence Index, with the pair dipping below 1.5465 to a fresh session low at 1.5445.

Forex: USD/JPY dips to session low after grim jobless claims dataThursday, August 19, 2010 @ 7:44AMFXstreet.com (Barcelona) - Dollar retreat from 85.95 session high has extended lower after the release of weaker than expected US jobless claims figures, and the Greenback has dropped to session low at 85.20, with support at 85.10/20 under selling pressure at the moment.

Forex: EUR/USD, rejected at 1.2900, dips to 1.2820 lowWednesday, August 18, 2010 @ 1:58AMFXstreet.com (Barcelona) - Euro recovery from 1.2735 low on Monday found resistance at 1.2900/15 area on Tuesday, and, unable to extend the upside, the pair pulled back during Asian session, to reach day low at 1.2820 ahead of Frankfurt opening.