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The dollar weakened against the Japanese yen, or with its European rivals
Author:   Add date: 04/27/2009   Publishing date: 04/27/2009   Hits: 10

In early Asian trading day, the dollar dropped to a low of 4 weeks, the concerns of the yen may likely to suffer economic damage as a result of the outbreak of swine flu in North America. At the same time, the U.S. dollar against the euro, pound sterling and the Swiss franc.

Monday transactions in U.S. dollar against its main rival, the euro, 1.3137 intraday high for the Su-02 points in the morning and 15 minutes. This is from last Friday's North American closing value of 1.3239. The next resistance level, the euro / dollar rebound was considered in January 28.

Exchange rate rose to 4-day high against the pound exchange rate. Therefore GBP / USD 1.4545 to achieve the 2:30 am Eastern time, Monday to Friday touched 1.4665 in New York trading. Both rose to 1.424 may file for the next level.

Against the Swiss franc, the dollar, that is last Friday's New York meeting of the 1.1404 level, in the 2:15 Su-climbed to 1.1472. If a further rise in U.S. dollar / Swiss franc will see a pair of short-term support, as 1.152.

On the other hand, the dollar fell against the Japanese currency rebounded from a low of 4 weeks. Thus, in the 23:50 Su-USD / JPY hit a low of 96.63, the level dropped to 97.13 earlier today. Shortcomings, they are likely to see 94.4 for the next target level.


Next:The foreign exchange market update: the dollar and the yen trading to avoid high-risk swine flu concerns

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