FOREXYARD: Forex News Blog | |
| Posted: 12 Nov 2012 02:04 AM PST
Hey Everyone, Listed below are some market trends for today. Enjoy and good luck! -Dan Gold- May see a downward correction today Silver- May see a downward correction today Crude Oil- May see a downward correction today Dax 30- May see upward movement today EUR/USD- May see upward movement today Read more forex news on our forex blog |
| Posted: 12 Nov 2012 01:09 AM PST
After making slight gains against the US dollar when markets opened for the week, the euro once again began falling during the early morning session, and is now approaching a new two-month low. Analysts attributed the euro's bearish movement to risk aversion due to concerns regarding the debt crises in Spain and Greece. After gaining more than $2 a barrel on Friday, the price of crude oil remained relatively steady throughout the overnight session. Speculations about an increase in American demand for oil due to positive US economic indicators were responsible for oil's recent gains. Main News for Today Eurogroup Meetings- All Day Traders will want to note that US markets will be closed today due to the Veterans Day holiday. Read more forex news on our forex blog |
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