The FXDD NY Evening Commentary for March 18th

The EURUSD moved down today on Greek concerns. A SNB official warned consumer and businesses to be prepared for higher borrowing costs and a market derived exchange rate which pressured the EURCHF in particular. The USDJPY dodged a bullet and closed once again above the 100 day MA after testing the downside. Resistance at 90.72 remains however. To hear all about it and more, watch the Evening Forex Commentary

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