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Starting the day

Posted on November 2, 2009 at 11:04 in Starting the day by Valeria Bednarik

Hi everybody and welcome back. Asian session started with dollar and yen quite stronger against major rivals, following past Friday’s risk aversion mood. Nikkei 225 slump, while USD/JPY tested 89.40 levels. However, dollar retreat from previous well known supp/res areas, and remains range bound, except against Pound, that lost ground since stocks open, showingbanks shares in the U.K. dropped sharply in early trade. With speculation of more QE coming and BOE decision this Thursday, Pound remains weak. Anyway, here is the link for today’s calendar:

http://www.fxstreet.com/fundamental/economic-calendar/

Have a great day!

Tags: dollar, Forex, Majors

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