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Posted: 14 Jan 2013 02:22 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 downward movement today Dax 30- May see downward movement today EUR/USD May see downward movement today Read more forex news on our forex blog |
Posted: 14 Jan 2013 02:20 AM PST The USD/JPY shot up to a fresh 2 ½ year high when markets opened for the week last night, as ongoing speculations that the Bank of Japan will initiate new monetary easing measure continued to weigh down on the yen. After reaching as high as 89.66, the pair took moderate losses and is currently trading at 89.35. The EUR/USD reached its highest level in almost 11-months last night, as positive growth forecasts for the euro-zone encouraged investors to shift their funds to higher-yielding assets. The news also boosted crude oil prices, which were trading as high as $94.26 a barrel during Asian trading, before a downward correction this morning. The commodity is currently trading at $93.90. Main News for Today Read more forex news on our forex blog |
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