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Daily Forex Fundamentals – September 14, 2012

U.S. Dollar (USD)

Dollar lose the position and itsĀ  value decreased which gave an increase in 98 pips to Euro, 85 pips to Aussie and similarly 33 pips to the yen.

Euro (EUR)

It was predicted that whether EUR/USD embraced the position of 1.3000 marks as the pair of Euro and dollar will get an increase of 1.2900 and Euro/Japanese Yen also got profit while trading and got solid break of 100.00 mark.

Daily Forex Fundamentals

Daily Forex Fundamentals

British Pound (GBP)

The value of British pound was also increased and reached to 4 months higher position against the safe position of dollar. Pound got position of 1.6145 if it compared with dollar which is approximately 75 pips more than it meager position of the previous day.

Japanese Yen (JPY)

At the opening of the day the rate of Japanese Yen was 77.13 against the value of dollar but at the end of the day the value of yen increased and dollar sank down about 33 pips as Japanese Yen increased in value to 77.53.

Canadian Dollar (CAD)

The Canadian dollar traded low and lost its position if it is compared with US dollars. The Canadian dollar crossed the psychological limit and sank to .9700.

Forex Scalping Strategy

Forex Scalping Strategy

Australian Dollar (AUD)

In the recent development, Australian dollar also increased in its value if it is compared to US dollar. In the trading on that day, Australian dollar opened at 1.0542 and it closed after getting increase in its value of 45 pips.

New Zealand Dollar (NZD)

The trading between US dollar and New Zealand dollar was also up and down as the fluctuation of trading. New Zealand dollar increased in its value for .8300 and reached its highest value since its increase in March.

Swiss Franc (CHF)

There is a considerable increase in the value of Swiss franc which opened at low price but sold on higher rate of .9379 after doing a trading session 31 pips.

There are some other certain things including Bieber and his hair, peanut butter and jelly and Bonnie and Clyde are also getting their positions better and they will soon increased in their prices.