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Feb 11, 2013
Forex: USD/JPY rallies on European session, above 93.00
After an Asian session trading sideways, the USD/JPY was lifted from 92.50 area back to the 93.00 mark, and then to 93.40, for now. European money is allowing a move that the pair wasn't able to make during Asian hours as Japan is closed for National Foundation Day.
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Feb 11, 2013
Forex: USD/CHF bounces from 0.9157 low, eyes 0.9200
The USD/CHF was trading sideways at 0.9170/0.9200 range since failing to breach the 0.9200 mark on Thursday. In today's European session, the pair found reason to fall from its highs and post a daily low at 0.9157 before bouncing back for what looks like a new attempt at 0.9200.
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