Euro Versus Dollar and Yen January 4th

FX Strategy Video > Currency Pairs Analysis

EUR/USD saw a nice pop on Tuesday as the "risk on" trade came back into vogue. However, the volumes are still light, and it could simply be a matter of money managers putting money to work for the new year.

EUR/JPY rose back above the all-important 100 level, but at this point in time we have to question this move. The next 24 hours should be vital for this pair.

Published on 3rd of January 2012
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