Australian Dollar Rally To Be Short-Lived,Euro Capped By 20-Day SMA

The Australian dollar outperformed against its currency counterparts on Thursday as the economic docket reinforced an improved outlook for the region,while the Euro slipped to a low of 1.3165 as fears surrounding the European debt crisis continued to weigh on market sentiment.

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Daily Change . . . →Read More:Australian Dollar Rally To Be Short-Lived,Euro Capped By 20-Day SMA

British Pound To Test 23.6% Fib,Euro Continue To Search For Support

The British Pound continued to outperform against its major counterparts on Thursday,with the exchange rate rallying to a high of 1.6179,while the Euro tumbled to a low of 1.3643 following a rise in risk aversion.

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. . . →Read More:British Pound To Test 23.6% Fib,Euro Continue To Search For Support

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