CAR INSURANCE The Euro Plummeted, Raised Concerns Over Cyprus Related Yen

Monexnews-the Euro plummeting and traders lifted the Yen rose sharply Monday in Asia as news of the bailout might be deemed to endanger Cyprus in the region. CAR INSURANCE
The Minister of finance requested the countries in Europe to receive assistance worth 10 billion euros (or the equivalent of $ 13 billion), and this decision could lead to depletion of the foreign exchange supply Cyprus itself and jeopardize the financial condition of the country. CAR INSURANCE
The currency move at $ 1.2901, down 0.8% from the US session after a drop to $ 1.2888 serendahnya on trading platform EBS.
(AR)


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EURJPY Raised 125 Related weakening of the Yen

Monexnews-EURJPY at this time was at its height 216.61, down from a session at 1.25.48, up as much as 0.33% for this week so far related to the weakening Yen, while the Euro recorded a new session low numbers and index 1,333 u.s. dollar moving up to in height above 80.5. The Yen traded at a high of 2 days at 93.89 points, following a comment from Abe in Parliament and the permissive nature of the members of the G20 meetings in Moscow last week.

Valeria Bednarik an analyst from FXstreet.com, said that the hourly chart shows that prices moved up close to 200 high school area, offer resistance at current levels, while some indicators are moving up in the positive area. However graphics per 4 hour shows that the currency pair of the middle price, in the absence of sufficient force to move up, said Valeria, by adding that the currency pair is still showing bias while at the figure rises above the 1.24.80 in the near future, with transpiration area over which gave confirmation to 125.95 move towards area 126.60.

The range of support recorded in 230, and 124.30 123.75. While the range of resistance was recorded at 125.50 125.90 126.60, and.

(AR)

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