http://mydaytradingcharts.blogspot.c...ood-trade.html

A rebound in risk sentiment pushed the euro higher for the second day, with the exchange rate advancing to a high of 1.2745 during the overnight trade, but the lack of momentum to retrace the decline from the previous week is likely to keep the EUR/USD within a narrow range throughout the day as price action continues to hold below the 50-Day SMA at 1.2757.

Talking Points

* Japanese Yen: Weakens Against Most of the Majors
* Pound: Retail Spending Improves...