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FXstreet.com (Barcelona) - The Japanese yen continues to appreciate against other majors this morning with the Nikkei showing broad losses over the Asian session.

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FXstreet.com (Barcelona) - The Swissy was lifted up against the Greenback at the US opening bell, aiming to pare part of yesterday's losses, after the pair rose over 120 pips from 1.0482 to 1.0602 on Tuesday. Current price settles at 1.0557, a 0.44% lower than previous close.

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FXstreet.com (Barcelona) - The Euro regained previous losses after the release of banks' stress tests, and from 1.2800 area, the pair bounced up to a week-close at 1.2900, to remain consolidating between 1.2900 and 1.2950, a trend which, according to Nicole Elliott, technical analyst at Mizuho Corporate Bank, could extend through the whole week.

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FXstreet.com (Barcelona) - The British pound recently turned to the downside against the Japanese yen, finding support around 135.20. Currently the pair trades at 135.23 where it is off by 0.12% and attempts to pare some of the losses just incurred.

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A study of the financial performances of 100 listed pharmaceutical companies made by Pharmabiz for the year 2009-10 showed that they achieved better growth in bottom lines on account of forex gains only as against heavy forex losses in the previous year.

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