EUR/USD suffers psychological setback

The EUR/USD has been dented by a psychological setback today as the currency pair drops back towards 1.27 after Germany's banking association announced that German banks may need an addition $135 billion in liquidity.

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8:03 PM EDT By FXWire Pro
Japan August bank loans fell 1.9 pct y/y
8:01 PM EDT By FXWire Pro
Japan August M3 money supply grows at 2.1 pct y/y in July versus forecast of 2.0 pct y/y
8:00 PM EDT By FXWire Pro
TOKYO'S NIKKEI SHARE AVERAGE OPENS DOWN 1.38 PCT AT 9,098.86
7:55 PM EDT By FXWire Pro
MINISTRY OF FINANCE : JAPAN NET BUYING OF US SOVEREIGN BONDS Y3.5 TRLN IN JULY VS Y2.2 TRLN JUNE
7:50 PM EDT By FXWire Pro
JAPAN BANK LENDING Y/Y FOR AUG ACTUAL -1.9 PCT (PRIOR AT -1.8 PCT)

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Daily Video Recap (9/7): EU Stress Test Questions Pressure Euro, USDJPY Probes Fresh 15-Year Low

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The Japanese yen is indeed gaining to start the week. The USD is also strengthening in a risk adverse environment. This is reflected in the moves of the EUR/USD, GBP/USD, EUR/JPY and GBP/JPY.

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Weekly Forex Update: GBP/USD; High Grade Copper; Wall Street Cash

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By FXDD | 51 Minutes ago

Japanese Machine Orders, Trade Balance & Current Account Total

The following July releases have done little to evoke a reaction in the market ahead of the Nikkei open as they seldom do, although the releases were all better than expected. The USD/JPY pair continu...

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EUR/USD suffers psychological setback

Japan August bank loans fell 1.9 pct y/y

Japan August M3 money supply grows at 2.1 pct y/y in July versus forecast of 2.0 pct y/y

TOKYO'S NIKKEI SHARE AVERAGE OPENS DOWN 1.38 PCT AT 9,098.86

MINISTRY OF FINANCE : JAPAN NET BUYING OF US SOVEREIGN BONDS Y3.5 TRLN IN JULY VS Y2.2 TRLN JUNE

JAPAN BANK LENDING Y/Y FOR AUG ACTUAL -1.9 PCT (PRIOR AT -1.8 PCT)

Daily Video Recap (9/7): EU Stress Test Questions Pressure Euro, USDJPY Probes Fresh 15-Year Low

Forex Technical Update 9/7/2010 - Greenback and Japanese Yen Gain on Rising Risk Aversion

Weekly Forex Update: GBP/USD; High Grade Copper; Wall Street Cash

Japanese Machine Orders, Trade Balance & Current Account Total

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