On the day that Chrysler bankruptcy was announced markets in the US are mix. Dow Jones now is wining five points but earlier in the session was up more than a hundred points. Dollar suffered some depreciation after the opening bell in Wall Street across the board but gained to Japanese yen.
EUR/USD holds above 1.3200
Euro rose during the American session recovering from intra-day low at 1.3190. The par now is being traded at 1.3255 only 0.01% above opening price of today. Next resistance level is located at 1.3275.
USD/JPY rally eases
Dollar failed to test above 98.90 and went down to the support at 98.50. Since Wednesday the pair has been moving in a up trend after bottoming at 95.61 (lowest since March 23) on Tuesday. Also European currencies have eased the rally against the yen in the last hours.
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