Dollar (USD)
When the Federal Reserve said that an increase in Treasury yield indicates that economy is reviving it gave investors lot of confidence and to top it up the trade balance came out  -40.60B against forecasted -40.70B. This made Dollar strengthen against major currencies. NASDAQ went up by 0.7% and along with DOW Jones going up by 0.4%. Crude oil fell by closing at $85.58 a barrel and so as Gold, closing at $1359 an ounce.

Euro (EUR)
There were no major signs and speculation with perspective to Europe debt bailout and with positive news coming from USA made Euro go down against the Dollar. The EUR / USD pair seems bearish for short run, support seems to be 1.3420 and resistance being 1.3535. .

British Pound (GBP)
With Bank of England maintaining low interest rate keeping on same rate of previous month led to Pound going down. Overall this pair seems stable at this point of time the next level to look at is whether Pound breaking down the level of 1.5900 or breaking up the level of 1.6200 which may form a short run trend.

Japanese Yen (YEN)
Yen is expected to strengthen against Dollar since the GDP came out better at -0.30 against the forecasted -0.50. No economic data is expected for the day today.

Dollar (USD)
Dollar didn’t show a consistent direction against major currency. It went up against some currency and vice versa. The trader’s seems to be very bullish about USD. NASDAQ and Dow Jones strengthened by 0.47% and 0.59% respectively.

Euro (EUR)
Euro showed a bit of rise against USD. The support level of 1.3500 and resistance level of 1.3700 is to be looked at. The EUR / USD pair as of now is trading in range bound of 1.3500 – 1.3700. There are high chances of EUR breaking 1.3700 level.

Great Britain Pound (GBP)
The Pound went down against the Dollar with a low of 1.6027 being 1.6000 support level for GBP. If GBP goes below 1.6000 then Dollar would be favorite for sometime.

Japanese Yen (JYP)
Yen against the Dollar didn’t show much of movement, being at the same level from the start of the day going low to 81.80.

USD (Dollar)
The unusual gain by Dollar, in-spite of Non farm Payroll report coming out too low with huge deviation. The Non farm payroll report came out at 36 as compared to 150 and unemployment rate came out better at 9% as compared to 9.6%. The verdict by Federal Reserve Chairman Ben Bernake said that U.S. economy recovery should be very positive this year which led to investors to be optimistic about USA economy and thereby making USD a favorite. NASDAQ and Dow Jones went up by 0.6% and 0.25% respectively. Gold went down closing at $1348 an ounce

Euro (Eur)
Euro seems to be bearish against the Dollar as long as it stays below 1.3575 level and once falling down from 1.3500 there are good chances of Euro going down to 1.3400 level. As of one should keep an eye on the direction.

British Pound (GBP)
Pound is showing some stability at this point of time not showing much of movement. The support level for Pound should be 1.6075 and if Pound breaks the level of 1.6200 it can go to touch 1.6275.