Euro rally against the dollar and
yen on Tuesday, supported by the good news coming out of Greece and
rally on the US stock exchange amid optimism that the Federal Reserve
will announce additional measures to support the economy following a
meeting of 2 daily trigger investors switched to the asset at risk.
Crude
oil is stuck close to the level reflected after the support of $ 82 per
barrel, closed up in expectations the US Weekly oil supply report will
again show a decrease in the last week. Gold
prices dropped for the first time in 7 days with investors reluctant to
buy ahead of a policy meeting of the Federal Reserve, which is able to
launch additional monetary stimulus measures that can strengthen, the
rally in gold.
Economic
Data today is the minutes of the BoJ meeting, the trade balance from
Japan, CB leading index, MI leading index, housing starts from
Australia, Germany, the PPI of the speeches from the BoJ Shirakawa,
claimant count jobless rate of change and the United Kingdom, the BoE
meeting minutes, ZEW economic expectations from Switzerland, crude oil
inventories from the US interest rate decision, and FOMC News
Conference.
EUR/USD
1.2687, high closing 1.2730, low 1.2567, C:1618.45, H:1633.25, and
XAUUSD L:1617.80, CO-C: 83.98 L.S, H: 84.41 L: 82.28. Dow C: 12762, H: 12829, L: 12657
Posted in: Market Review of The U.S June 20 2012