USD/JPY dropped from levels above 87.00 to 86.25 during Asian session, and the pair picked up to 87.00 previous year low although it has failed to break above here, and has eased to 86.70.
EUR/USD rally from 1.4885 low on Wednesday reached 1.5145 on early Asian session, and the pair pulled down to 1.5050 low during European session to bounce up and reach levels right below 1.567.
GBP/USD decline from 1.6730 has extended during European session, with the Pound dropping about 225 pips during the day to hit 1.6500 low.

Looking at the EUR/USD in details, it is now supported at 1.5050 loosing some of yesterday's gain. From this level we can expect it to start a further rally towards its hihgs at 1.60 in the following weeks. Further markets concerns about global economic recovery could stop the uptrend and result in a stronger dollar.

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