The Euro traded flat against the
dollar is likely to be on Friday but there are near the low level 3-1/2
months over political uncertainties in Greece and large losses by us
banks JPMorgan Chase make investors anxious to take the position of
bullish on the euro.
Gold
prices fell as investors seek passage on the dollar, while oil prices
decrease and is situated near trim level flat after us consumer
sentiment data.
Wall
Street closed mixed, with the main index scored the second weekly
decline, depressed by news of losses by JPMorgan and amid anxiety about
the European zone.
Economic
Data today is the home loans from Australia, Switzerland, PPI of
industrial production from the European zone, the speech of the SNB
Jordan.
EUR/USD 1.2918, high closing 1.2957, low 1.2903, C:1579.95, H:1594.90, and XAUUSD L:1573.25, CO-S c: 95.57, H: 97.20 l: 95.56. Dow c: 12788, H: 12883, L:12723.
Posted in: Market Review United States 14 May 2012