FOREXYARD: Forex News Blog |
Posted: 31 Dec 2012 02:55 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 upward movement today EUR/USD May see upward movement today Read more forex news on our forex blog |
Posted: 31 Dec 2012 02:54 AM PST The euro took moderate losses against the US dollar in overnight trading, as concerns regarding the ability of US lawmakers to reach a budget deal before the "fiscal cliff" of tax increases and budget cuts, led to risk aversion in the marketplace. The EUR/USD, currently trading at 1.3185, fell close to 50 pips during the Asian session. Gold was able to benefit from the risk aversion in the marketplace, and gained close to $12 an ounce during the Asian session. The precious metal is currently trading at $1668. Main News for Today Read more forex news on our forex blog |
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