Wed, Aug 5 2009, 17:44 GMT
http://www.fxstreet.com
FXstreet.com (Córdoba) – The Dollar weakness continues across the board. USD/JPY fell sharply to 94.60 reaching a fresh intra-day low. Current price at 94.77/80 is 0.45% below today’s opening price. Greenback failed in the previous sessions to break above 95.40 and lost strength. The pair has lost more than 50 pips since the beginning of the American session.
The Pound rose today against the Yen reaching a fresh one-month high. GBP/JPY reached an intra-day high at 1.6237 but rebounded and fell to 160.60. The pair is only a few pips away from the highest price of the year at 1.6257 that was reach in June.
GBP/JPY (Aug 05 at 17:58 GMT)
161.42/47 (0.12%) H 162.45 L 160.36
USD/JPY (Aug 05 at 17:56 GMT)
94.77/79 (-0.47%) H 95.4 L 94.61
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