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3 Forex Pips Trading News

Forex: GBP/USD upmove halts at 1.5465

FXstreet.com (Barcelona) - The Pound remains trading within yesterday's trade as upside reaction from session low at 1.5365 has been capped at 1.5465 high, 10 pips short of yesterday's high, and the pair has eased towards 1.5445 area.

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Forex: EUR/USD rebound stalls at 1.2745 high

FXstreet.com (Barcelona) - Euro strong recovery from 1.2645 low seen on early European session has been capped about 100 pips higher, at 1.2745 session high, and the pair has lost strength easing to 1.2715 area at the moment of writing.

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Forex: USD/JPY upleg breaks 84.00 in Asia

FXstreet.com (Barcelona) - The Japanese Yen was denied from further progress on Thursday, after an attack to break 83.32, 15-yr low, fell shy by just a few pips. The refusal to allow the Yen setting on new lower ground sparked a mild recovery to 83.75 prior to the Tokyo opening bell on Friday.

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Forex: Dollar picks up across the board

FXstreet.com (Buenos Aires) – Dollar is gaining ground against major rivals, still negative intraday talking as London fixing approaches. EUR/USD lost over 40 pips in the last few minutes testing 1.2700 area, while USD/CHF approaches to 1.0150 area.

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Forex: USD/CAD slides to 3-week low under 1.0340

FXstreet.com (Barcelona) - The USD/CAD has erased its earlier modest gains accrued over the Asian Pacific session, with the pair sliding another 20 pips in the last hour to reach a fresh 3-week low underneath 1.0340. The loonie is being supported Thursday by a moderately improved risk appetite and subsequently the strengthening of crude oil futures.

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