Majors Daily Forecast 22 February 2012

EUR/USD Buy at 1.3223 SL 1.3191 TP 1.3300 USD/JPY Buy at 79.91 SL 79.59 TP 80.63 GBP/USD Buy at 1.5778 SL 1.5746 TP 1.5866 USD/CHF Sell at 0.9133 SL 0.9165 TP 0.9049 today so far +87, total yesterday +125 pips.

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03:17 GMT By FXWire Pro
PBOC FIXES YUAN MID-POINT AT 6.3031 / DLR VS LAST CLOSE 6.2960
02:59 GMT By FXWire Pro
VIETNAM C.BANK FIXES DONG MID-POINT AT 20,828/DLR FOR THURSDAY, UNCHANGED SINCE DEC 24
02:42 GMT By FXWire Pro
Japan is considering $50 bln contribution to IMF – media
02:36 GMT By FXWire Pro
Noda seeks enhanced cooperation with BOJ
02:32 GMT By FXWire Pro
Japanese manufacturing sentiment dips to levels seen after quake -Reuters Tankan

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Forexperts

Fan Yang | 17:37 GMT

GBP/USD & Other GBP Crosses Pressured by BOE Minutes

One of the weakest performers today was the GBP as Bank of England Meeting Minutes revealed that two members voted for a larger expansion of the bond purchase p...

Chris Gore | Feb 22

Greek bailout fails to sustain risk rally

A$ under selling pressure as Euro-region headlines continue to dominate Euro down as investors question Greece’s long-term economic fortunes A return to the Drachma a viable option?.

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By FXDD | 6 Hours ago

EU’s Rehn on the Wires

EU's Rehn on the Wires Says: Greek bailout meant to add prerequisite for growth Greek bailout must be pushed throught with determination Must improve Greek Competitiveness in short term Greece needs ...