So far, traders appetite of risk returned throughout the currencies market after that as United Arab Emirates central bank stated that it will support Dubai World within its debt-repaying process and since that the world's largest economy overall business conditions across the country enhanced and rose this month, having in fact the Chicago PMI climbing up to 56.1 from 54.2, corroding therefore the refuge appeal of the green Benjamin along with the low-yielding yen.

As a result, the euro-dollar pair is consolidating so far to have the Union currency presently trade so far at 1.5002 recording a high of 1.5083 and a low of 1.4961 with a resistance at 1.5039 and a support at 1.4972, knowing that the pair may climb to the upside according to the one-hour stochastic oscillator.

As for the pound-dollar pair, it is slightly inclining on the four-hour chart as the royal pound is advancing currently against the dollar to trade so far around 1.6414 recording a high of 1.6591 and a low of 1.6377 with a resistance at 1.6467 and a support at 1.6366, knowing that the pair may rise to the upside according to the four-hour and one-hour momentum indicators.

Now, turning to the dollar-yen pair, it is narrow trading between a resistance level witnessed at 86.67 and a support level detected at 85.99 as mixed signs are seen throughout the momentum indicators at different time scales, having the low-yielding yen trading at 86.28 recording a high of 87.03 and a low of 85.84.