Switzerland Foreign Currency Reserves decreases to 435.2B in December from 435.7B in November

Jan 7, 2014

EUR/USD eases into European session

With yesterday´s high at 1.3561 meeting resistance at the 23.6% Fibonacci retracement from the Dec 27 high at 1.3892 to yesterday´s low at 1.3570, EUR/USD eased lower overnight, guided by the 1H 50 SMA to where we are presently trading at 1.3620.

Flash: Eyes on EZ CPI - BTMU

Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ notes that the release of the euro-zone CPI report for December will be in focus in the European trading session.