Euro rally on Monday, recovering from a low level in the past few months against the dollar and yen and low level 1-1/2 years against sterling in trading that was triggered by technical factors after the hold above technical support level ahead of the auction of bonds this week in Spain.
The price of gold goes down, following the decline on a number of other commodities such as crude oil, over anxiety about Spain's ability to pay off its debts and back wages crisis Europe zone erode global investor appetite.
The US stock exchanges closed mix, with the Dow moving up closer to the psychological important 13,000 level and the S & P 500 is situated near a key level, however a limited increase of 1,370 as Nasdaq stocks dragged down down by big like Apple and Google.
Economic Data today is the RBA meeting minutes (8: 30), industrial production (11: 30 am), household confidence from Japan (12: 00 pm), the CPI of the United Kingdom (1530), the ZEW economic sentiment from Germany (4: 00 pm), CPI (4: 00 pm), the ZEW economic sentiment from the European zone (4: 00 pm), the speeches of the ECB Draghi (7: 30 pm), building permits (7: 30 pm), housing starts (7: 30 pm), industrial production from the US (8: 15pm), as well as earnings reports from Coca-Cola, Goldman Sachs, IBM, Intel , and Yahoo.
EUR/USD closing 1.3142, high, low, 1.3147 1.2993 XAUUSD C:1651.65, H:1657.85, L:1641.65, CO-S c: 103.18, H: 103.37 l: 101.80. Dow C: 12850, H: 12925, L:12748