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The sense of caution prevails on the currency pair euro / dollar this morning, in a very unfavorable for taking risks on the foreign exchange market. The European currency was able to approach the resistance and to decline $ 1.23 to $ 1.22 this morning because of concerns about the fate of Spain. The Euro continues to draw its continuous oscillations in narrow ranges against the dollar, close to 1. By registering on the forum, Forex Trader, you join a community of traders of all levels, beginners, assets, confirmed that exchange information and advice on trading and the world currency markets. In this context, the yen is not threatened, and it remains prudent to invest in the yen. In general, however, sentiment on the euro is weak and the single currency should continue its downward path against the major currencies.


On Tuesday, the major currencies are negatively sloped, only the dollar, Swiss franc and the yen managed to attract investors.

We prefer these conditions are not conducive to the position short term, stay out of the market on this currency pair. Thus, during the last month, the currency of the country could fall by 6.5% over one week and then bounce back to 9%. These fluctuations reflect insane by many observers excessive speculation on the won.

According to them, the uncertainty is such that the upward trend of the currency can not last long.

Site Map, The brokers Forex, News of the exchange market, Tools, Forex training, registration, forum currency forex for Webmaster Tools, Contact, Mobile Access, Partners, your profile. On the currency markets, currency risks have to say had a week of declines against the USD and JPY, reaching almost the lowest recent levels, before rebounding somewhat later in the week. Finally, the record of the week was obviously the Chinese decision to increase the flexibility of its currency.

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