The currency markets fluctuated before Federal Reserve Chairman Ben Bernanke speech tomorrow, as traders are waiting any sign for the next step from the Fed's, whether they are going to active the 3rd round of quantitative easing (QE3), or just confirm keeping interest rates at the lowest level.

The euro advanced against the U.S. dollar during today's Asian session. The EU currency is trading as of this writing at 1.4460 after recording the highest of 1.4468 and the lowest of 1.4388. On the short term the currency faces a resistance at 1.4480 while the momentum indicators show the pair is heading to the upside.

The pound fell against the U.S. dollar during today's Asian session touching the lowest of 1.6358, after it recorded the highest of 1.6395, and as of this writing it is trading at 1.6375. On the short term the currency faces a resistance at 1.6415, while the momentum indicators show the pair is heading to the downside.

The dollar/yen pair soared today where it reached to its highest at 77.21 level, the pair now is trading at 77.02 recording the lowest of 76.83. Momentum indicators show the pair is heading to the downside.