FX Update: February 6, 2013

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February 6, 2013 GBP/USD EUR/USD USD/CHF USD/JPY AUD/USD USD/CAD
Resistance (High) 1.5679 1.3597 0.9151 94.07 1.0402 0.9990
Support (Low) 1.5630 1.3492 0.9055 93.26 1.0295 0.9947
Forex News

Euro Falls Toward One-Week Low Versus Dollar Before ECB

February 6, 2013 (Bloomberg) -- The euro fell toward a one-week low versus the dollar as European Central Bank policy makers prepared to meet tomorrow amid political and banking turmoil that threatens to renew the region's sovereign-debt crisis.

The 17-nation currency slid against most of its 16 major peers as Spain's premier resisted opposition calls to resign and Italy's Banca Monte dei Paschi di Siena SpA faces criminal probes over losses it hid in 2008 and 2009 using derivatives. The euro declined as Greece's finance minister said its strength is a concern. The yen weakened to a 32-month low against the dollar on speculation ...keep reading.

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