As the dollar weakens the yen sees strong gains

The euro rose against the U.S. dollar during today's Asian term then weakened again during the European session. The euro is trading as of this writing at 1.4478 after recording the highest of 1.4534 and the lowest of 1.4474. On the knee-breeches term the currency faces a support at 1.4370 while the momentum indicators show the pair is in an overbought enclosure.

Australian Dollar Weakens On Negative Leading Indicator

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