Euro continued to rise against the dollar with the beginning of the new week after disappointing jobs report, which was issued from the U.S. economy last Friday, on the other hand there is some optimism that the European Union on the way to provide new aid for Greece, which has increased the demand for the euro.
The euro started today's session with an increase against the dollar, as the pair trades around 1.4646 after recording the highest at 1.4657 and the lowest at 1.4621. The pair faces a resistance at 1.4700. The daily momentum indicators show the pair is in an overbought area.
The pound traded lower against the greenback, trading around 1.6430 after recording the highest at 1.6458 and the lowest at 1.6408. The pair faces a support at 1.6400. The daily momentum indicators show the pair is heading to the upside.
The dollar/yen pair decreased during the Asian session, as the pair trades around the 80.24 level, recording the highest at 80.38 and the lowest at 80.15. The daily momentum indicators show the pair is in an oversold.