Forex Broker----Japanese forex investors’ buying consistently helped to restrain the USD/JPY devaluation. Meanwhile, Japanese forex investors have almost sold off EUR/JPY at the end of the month.---Forex Report from Forex Broker: IKONFX.com

Forex Broker---- Forex analysts at NIESR believe that the severe fiscal budget bill promulgated in May will reduce the record-high deficit, but possibly at the cost of economic growth.---Forex Report from Forex Broker: IKONFX.com

Forex Broker----Deutsche Bank announced its 2-quarter financial report. But the forex market is more interested in the European sovereignty debt positions.Forex analysts point out that in a future period, European banking industry would meet with a more severe financing test.---Forex Broker: IKONFX.com

Forex Broker---- The US dollar and the euro took turns to rise this year. The Forex rate trend of a“seesaw” is most obvious. The USD/EUR forex rate is just progressing among the intersection of the two powers.----Forex Broker: IKONFX.com

Forex Broker----The forex market had been in sharp fluctuations until the announcement of stress test result last Friday. The devaluation or stabilization of USD forex rate serves as the most direct measure..----Forex Broker: IKONFX.com

Forex Broker----Forex analysts said that the euro might drop if the forex investors believed the test result was not persuasive enough or if the test result turned out awful. RBS says forex investors should sell out EUR/USD before the announcement of the test result.

Forex Broker----With nice expectation of the test result on the part of forex investors, optimistic atmosphere covered the forex market.----Forex Broker: IKONFX.com

Forex Broker----  A forex dealer believed that, investors might try to convert assets to Japanese yen and Swiss franc.  forex dealer believed that, investors might try to convert assets to Japanese yen and Swiss franc. ----Forex Broker: IKONFX.com

Forex Broker----Amelia Bourdeau, forex strategist from UBS explained that, forex investors had begun to “lower their expectations”to European banking stress test.---Forex Broker: Ikonfx

Forex Broker---- A forex analyst commented that due to the continuous weak US economic data, the dollar would not be likely to rise against major currencies in future several weeks. US forex price will only help to maintain the export-growth-oriented economic policy. Forex dealers will have adequate reasons to believe that, to sustain economic recovery, USD depreciation is logical.