Latest Forex Analysis - 29/01/08

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Read the latest forex analysis:

[URL="http://www.forexpros.com/analysis/market-analysis/us-housing-slump-remains%2520-as-bets-added-to-50-bps-cut-by-federal-reserve%2520-3995"][COLOR="Black"]US Housing slump remains, as bets added to 50 bps cut by Federal Reserve.[/COLOR][/URL]

"The Japanese Yen (JPY) weakened during the European session. The USDJPY traded with a low of 106.00 and a high of 107.04 before closing the [URL="http://www.forexpros.com"][COLOR="Black"]forex trading[/COLOR][/URL] day at 106.85 in the New York session..."

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