FOREXYARD: Forex News Blog | |
| Posted: 26 Nov 2012 01:36 AM PST
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see downward movement today Silver- May see downward movement today Crude Oil- May see upward movement today Dax 30- May see downward movement today EUR/USD May see upward movement today Read more forex news on our forex blog |
| Posted: 26 Nov 2012 01:24 AM PST
The euro took moderate losses during overnight trading, following an election in Catalonia, Spain's wealthiest region, in which pro-separatist political parties scored some victories. The news led to speculations that Spain will continue to delay requesting a euro-zone bailout. The EUR/USD fell close to 25 pips during the Asian session, while the EUR/JPY dropped more than 70 pips. The price of crude oil fell around $0.30 during the first half of the night, eventually trading as low as $87.85, before staging an upward recovery and bouncing back to its current level of $88.15. After shooting up close to $20 an ounce on Friday, gold was able to largely hold onto its recent gains during the Asian session as hopes that a deal to unlock a new round of Greek bailout funds will soon be reached. The precious metal is currently trading at the $1750 level. Main News for Today Read more forex news on our forex blog |
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