FOREXYARD: Forex News Blog |  |
| Posted: 19 Jun 2012 12:46 AM PDT The euro staged a mild recovery in overnight trading against the US dollar, but still remained bearish due to record high Spanish bond yields. Crude oil also took losses last night, while gold continues to benefit from its status as a safe-haven asset. The precious metal is currently trading above $1630 an ounce. Main News for Today German ZEW Economic Sentiment-09:00 GMT • Analysts are predicting the figure to come in at 3.8, well below last month's result of 10.8 US Building Permits- 12:30 GMT • Analysts are forecasting a slight increase over last month's figure Read more forex news on our forex blog       |
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