Saturday, August 1, 2009

Greenback holds at intra-day lows

FXstreet.com (Córdoba) – Greenback collapse across the board has eased in the last hours but it has failed to prolong a recovery. The Dollar has been steady moving near intra-day lows against majors. EUR/USD is moving in ranges between 1.4280 and 1.4250. The pair is 1.40% above today’s opening price.

GBP/USD is near one-month highs trading in ranges between 1.6680 and 1.6720. The Pound is heading toward the third week in a row with gains against the Dollar.

USD/JPY recovery stopped at 94.80 and now is approaching toward the lows of the day at 94.50.

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