Forex Technical Update 7/19/2010 - Greenback and Japanese Yen Gains During Risk Aversion

By IBTimes Staff Reporter | July 19 2010 12:23 PM

This week, equity markets started somewhat subdued, with Asian markets sliding, and European and US markets giving away early gains. The dollar and yen were mainly gainers to start, but the dollar's strength fizzled during the European session. The Euro also continues to position strongly. I will briefly go over charts of the EUR/USD, GBP/USD, USD/JPY, GBP/JPY, and AUD/USD.

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