Excerpt from:  Forex Market Recap
.
March 09, 2008

GFT Market Recap: Asia Session

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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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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