FOREXYARD: Forex News Blog | |
| Posted: 28 Sep 2012 01:55 AM PDT
The euro bounced back from a two-week low against the US dollar yesterday, after Spain unveiled a new budget which some viewed as the next step before officially requesting a bailout from the European Central Bank. The EUR/USD advanced more than 30 pips during Asian trading to reach as high as 1.2941 before staging a downward correction and dropping to its current level of 1.2925. Both crude oil and gold saw gains from the news as well. In the last 24 hours, crude has gained more than $2 a barrel while gold has advanced over $25 an ounce. Main News for Today Canadian GDP- 12:30 GMT Read more forex news on our forex blog |
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