The Euro strengthened against the dollar and yen on Monday, recovering from a downturn at the beginning of the session over the impact of US labor data disappointing last week faded.
Gold is up and the US stock exchange closed down sharply due to poor US employment data last week increased anxiety about the strength of the economy and gave rise to speculation that the Federal Reserve will probably add to stimulus for us.
Meanwhile oil prices depressed following discussions between Iran and its alliance with the US nuclear program related back underway.
EUR/USD closing 1.3106, high, low, 1.3133 1.3031 XAUUSD C:1641.55, H:1648.70, L:1635.95, CO-S c: 102.15, H: 102.60 L: 100.81. Dow C: 12850, H: 12916, L:12825.
Posted in: 2012,April 10,eur strengthened against dollar,gold is up,iran nuclear program,oil prices,U.S. Market Review,us employment data report