Summary currencies

We see in what way the currencies most famous and known market have moved in the week just ended. Among the events of a fundamental nature that we must consider is Bernanke's speech in Jackson Hill, held yesterday, when the Fed chairman, as usual every year, highlights the situation of markets and transactions that the central bank the United States can accomplish in the coming months to help the market recover.

The currency pair euro / dollar moved in a rather side with a high volatility. Next week we might consider opening a position in favor of the euro, since the situation is critical in the U.S. and the Fed, it is understood, does not know how to move without "hurting" or preventing the transactions carried can help one side and other damage.

The pound has rather lost ground steadily against the U.S. dollar, for the next week we could instead think of a trend in favor of the British currency. Aware of the strong resistance level at 1.6600 share, to consider if this currency pair should arrive in the vicinity of the value.

The exchange rate between U.S. dollar and Japanese yen has seen a move sideways until mid-week, then a peak in favor of the dollar recedes completely yesterday. For the next week of trading could still expect a trend in favor of the yen, but we await confirmation before entering the market.

The euro has gained much ground against the British pound, reaching almost a height of 0.8900, a value that could be broken during the next week. We'll see the economic news arriving from Europe and how the euro area will be able to handle the economic crisis that is gripping.