The Euro plummeted on Thursday after a slowdown in the manufacturing sector in the 2 countries the largest economy in Europe and China is back on global growth and depress anxiety dollar Australia down.
Crude oil drops sharply and headed the lowest closing in 2 weeks after Chinese manufacturing sector data and Europe that bad was released, which also hit gold and Wall Street to drop.
Economic Data today is consumer confidence, the BBA mortgage approvals from the United Kingdom, CB leading index of China, the SNB quarterly bulletin, retail sales from Italy, new home sales in the US, as well as speeches from Ben Bernanke.
EUR/USD 1.3254 1.3201 closing, high, low, 1.3133 XAUUSD C:1644.00, H:1656.35, L:1628.40, CO-S c: 105.58, H: 107.12 l: 104.50. 13001, Dow C: H: 13091, L:12948.
Posted in: Market Review March 23 2012