The Euro slipped against the dollar on Wednesday as investors have mendiskon comments from Fed Governor at the beginning of this week and the focus back on the European zone after comments from ECB officials regarding the debt crisis solution.
The price of oil plummeted along with the increase in the supply of crude oil sharply in the US and the prospect that the US and some European countries would probably be providing their strategic oil reserves. Gold falls below $ 1,658 along commodity . The U.S. stock market managed to recover from low level but still closed down, amid anxiety about a weakening global.
Economic Data today is the retail sales of the nationwide HPI Japan, credit conditions survey, BoE, net lending to individuals, mortgage approvals from the United Kingdom, unemployment change from Germany, jobless claims, final GDP from the US, as well as speeches from Ben Bernanke.
EUR/USD closing 1.3317, high, low, 1.3373 1.3275 XAUUSD C:1662.40, H:1684.55, L:1655.05, CO-S c: 153.12, H: 106.94 l: 104.67. Dow c: 13053, H: 13177, L:13003.
Posted in: ben bernanke,boe,credit survey,ecb draghi,economic data today,eurosplit,final gdp,gold falls,hpi japan,jobless claims,Market Review of U.S. 29 March 2012,price oil,us stock market