Dollar plummeted on Thursday, with investors who choose to do the profit-taking, especially against the yen, which has touched a high level post reinforcement of almost 11 months for 6 weeks in a row.
Gold successfully recovered from the decline of nearly 2% on the previous session while oil prices almost flat after the White House denied reports that the US and the UK have committed to stuju oil reserves.
Standard & poor's 500 index broke through the level of 1,400 for the first time in nearly four years as the u.s. Stock Exchange continues to move consistently rising.
Economic Data today is the minutes of the BoJ meeting, the trade balance from the European zone, CPI, capacity utilization rate, industrial production, the University of Michigan consumer sentiment from the United States.
EUR/USD closing 1.3082, high, low, 1.3119 1.3002 XAUUSD C:1657.10, H:1666.55, L:1636.50, CO-S c: 105.41, H: 106.18 l: 103.78. Dow C: 13172, H: 13188, L:13098.
Posted in: 2012,March 16,Market Review