Currency Update

For some time EUR/USD is struck in tight range band between 1.2970 and 1.2910. Still i see it'l move within the above mentioned band. And we have a speak from Fed Chair Bernanke and still some couple of hours to go. Untill then it'll be within the mentioned band. Lets see what he says anything which is good or bad for USD.
Yen is slowly riding against USD on the back of G7 meeting on Friday where the Yens Carry trade fate might be settled out who knows. JPY tested the resistence at 120 level. If G7 Ministers strongly points out the JPY weakness against USD/EUR and GBP then we'll see some windup in the carry trade.
GBP is strongly trading against USD after the strong numbers from BRC Retail Sales from UK which came at 3% against the expected reading at 2%. Currently GBP/USD is trading between 1.9707 and 1.9670. GBP/USD have a very strong resistence at 1.9700 level.
Currently USD/CHF is trading between 1.2459 and 1.2427 until it get breakaway from either side it'll struck in narrow trading band.
USD is firmly trading strong against CAD and if we get any good words from Bernanke then we might see the 1.1900 level very soon indeed. The strong support for this pair is at 1.1800 level.
NZD/USD is holding 0.6785 just 15 pips down from 0.6800.