The Euro strengthened against the dollar and yen on Wednesday as the ECB officials hope there sparking program buying additional bonds, but investors see little reaction to push the euro up out of range lately.
Gold steady as the debt crisis continues to be the European zone of intense pressing and tapping the potential of the euro safe-haven demand for gold on the price of oil rises after the interim Government data showing the domestic fuel supply is reduced far surpass the estimated last week, while a decrease in the level of oil imports to limit the increase in the supply of crude oil.
The US stock exchange closed up, supported by a good start on the season earnings and reports the last of the Fed's Beige Book, provides an opportunity for investors to breathe a sigh of relief after a spate of decline.
Economic Data today is MI inflation expectations, employment change, jobless rate from Australia, monthly bulletin, the ECB trade balance from United Kingdom, industrial production from the European zone, PPI, trade balance, jobless claims from the us as well as earnings reports from Google.
EUR/USD closing 1.3109, high, low, 1.3156 1.3064 XAUUSD C:1657.90, H:1662.55, L:1653.20, CO-S c: 102.55, H: 103.13 L: 100.84. Dow C: 12744, H: 12785, L:12686.
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