USD/HUF down move could be exhausted

USD/HUF opened yesterday on the lower edge after a previous falling session, but rallied and closed well above the prior session's close.

This price action has left a piercing line on the chart that let bears second-guess their positions. Such a pattern may be some cause for optimism when it appears at a support level.

USD/JPY turns neutral, back around 111.25 ahead of US GDP

The USD/JPY pair recovered early lost ground to sub-111.00 level and is now holding in neutral territory around the 111.20-25 region. Earlier today,
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Spain: GDP tops its pre-crisis level - ING

Geoffrey Minne, Economist at ING, notes that Spain’s GDP growth reached 0.9% QoQ in 2Q and they expect growth to exceed the Eurozone average by more t
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