<!–TITOL:

Forex: EUR/JPY rises to 1-week high on hopes for a Greek deal

FITITOL–>

FXstreet.com (Córdoba) – The Euro soared to a 1-week high versus the Yen during the American session amid reports the Greek government is drafting a document on a bailout deal to present to political leaders for approval today.

EUR/JPY gained nearly 80 pips within the last hour and hit its highest since Jan 30 at 101.33 before stalling. At time of writing, the cross is quoting at 101.25, 0.7% above its opening price.

On the upside, in case of a fresh push higher next resistances could be found at 101.50, 101.80 and 102.15, while supports on dips are now seen at 101.00, 100.30 and 100.00.

Article source: http://www.fxstreet.com/news/forex-news/article.aspx?storyid=317b9f6a-5bb6-45e4-b5d9-93e7eeefd949

The document has moved here.

Article source: http://www.forexpros.com/news/forex-news/forex---eur-chf-pushes-higher-after-jordan-comments-230021

–Euro under pressure due to Australian interest rate decision, Greece debt negotiations,

–Japan data confirms authorities conducted stealth interventions following Oct. 31 intervention

–Greece strikes, Fed’s Bernanke’s House appearance eyed for cues

TOKYO (Dow Jones)–The euro was under pressure against the dollar and yen during Asian trading Tuesday as a surprise decision by the Reserve Bank of Australia to keep its rates unchanged and prolonged uncertainty over Greek debt negotiations pushed down the common currency.

The RBA’s decision to maintain its benchmark interest rate at 4.25% surprised the market, which had expected the central bank …

Article source: http://online.wsj.com/article/BT-CO-20120207-700574.html

Brought to you by eLearners.com

Article source: http://community.nasdaq.com/News/2012-02/forex-eurgbp-back-to-opening-price.aspx?storyid=118724

Brought to you by eLearners.com

Article source: http://community.nasdaq.com/News/2012-02/forex-flash-eurusd-estimated-downside-to-11500-end-of-2012-ubs.aspx?storyid=118984,+%23Forex+