| | Summary of the latest forex market events and news
Forex recaps and market analysis delivered directly from Global Forex Trading's world-leading dealing desk that operates 24 hours a day, as each market around the world opens and closes for foreign exchange trading.
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| | Mon, 10 Mar 2008 21:21:10 -0500 | | The USDJPY tested the 101.40 level as it did on Friday following the Non Farm Payrolls. This level provided support and the USDJPY drifted higher throughout the remainder of the session.
RANGES 3:00 pm-11:00pm EST
| Low | High | EUR/USD | 1.5330 | 1.5367 | GBP/USD | 2.0049 | 2.0125 | USD/JPY | 101.41 | 102.05 | USD/CHF | 1.0174 | 1.0210 |
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| | Sun, 09 Mar 2008 21:27:08 -0500 | | The EUR/USD tested 1.5400 early in the session and sold off slowly to support near 1.5370. The GBP/USD tested recent highs, but was unable to breach levels established on Friday. The USD also continued its slide vs. the JPY. The USD/JPY opened near 102.50 and sold off to a session low of 102.07.
RANGES 3:00 pm-11:00pm EST
| Low | High | EUR/USD | 1.5357 | 1.5402 | GBP/USD | 2.0146 | 2.0203 | USD/JPY | 102.07 | 102.52 | USD/CHF | 1.0190 | 1.0236 |
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| | Thu, 21 Feb 2008 06:18:14 -0500 | | The GBP spiked higher in today’s trading, backed by stronger than expected UK Retail Sales data which came in at .8% v’s .3% expected last month. The EUR/USD started to move higher but was capped around the 1.4760 level and traded sideways for the rest of the session.
RANGES 11:00pm-7:00am EST
| Low | High | EUR/USD | 1.4705 | 1.4759 | GBP/USD | 1.9410 | 1.9584 | USD/JPY | 107.92 | 108.27 | USD/CHF | 1.0961 | 1.1018 |
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