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Posted: 23 Jan 2013 12:55 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 |
Posted: 23 Jan 2013 12:54 AM PST The yen extended its bullish run against both the US dollar and euro last night, following the Bank of Japan's decision earlier in the week to initiate weaker than expected monetary easing steps. The USD/JPY fell 60 pips during the Asian session, while the EUR/JPY lost 94 pips. Meanwhile, a worse than expected Australian CPI figure resulted in the AUD/USD falling close to 40 pips. The pair, which traded as low as 1.0526, has since staged an upward recovery and is currently stable at 1.0550. Main News for Today • The British unemployment figure is forecasted to come in at 0.4K, significantly higher than last month's Read more forex news on our forex blog |
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