FOREXYARD: Forex News Blog |  |
| Posted: 28 Nov 2012 02:38 AM PST The Japanese yen posted gains vs. both the US dollar and euro during overnight trading, as concerns regarding the upcoming US "fiscal cliff", a batch of automatic tax increases and spending cuts set to take place at the beginning of the year, led to risk aversion in the marketplace. Negotiations to come up with a way to avoid the "fiscal cliff" between US Congressional leaders appear to have made little progress. Fears that the "fiscal cliff" could send the US back into recession also weighed down on the price of gold, which fell more than $3 an ounce last night. Crude oil fell just over $0.40 a barrel amid signs that demand in the US is slowing down. Main News for Today US Crude Oil Inventories- 15:30 GMT Read more forex news on our forex blog       |
| Posted: 28 Nov 2012 02:33 AM PST Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see upward movement today Silver- May see upward movement today Crude Oil- May see downward movement today Dax 30- May see downward movement today EUR/USD May see upward movement today Read more forex news on our forex blog     |
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