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Excerpt from:  Forex Market Recap
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February 03, 2008

GFT Market Recap: Asia Session

There was little market movement to start the week.  The USDJPY opened near Friday’s close and drifted higher throughout the session.  Looking ahead to tomorrow’s session, the RBA has a rate announcement, they are expected to raise .25 % to 7 %.

 

                RANGES

      3:00 pm-11:00pm EST

 

 

Low

High

EUR/USD

1.4792

 1.4810

GBP/USD

1.9626

1.9676

USD/JPY

106.50

106.96

USD/CHF

 1.0880

1.0920

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Topic Tags:  currency trading, dollar, euro, Euro, Forex market, Forex rates, forex resistance, forex software, Forex support, forex trading, Forex trading, Japanese Yen, US dollar
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