Market Review March 26 2012

Euro go to high level 3 weeks against the dollar on Friday, while more stable post-war decline in aussie lately over anxiety about a slowing in China and Europe zone a bit subsided.

Oil prices rally as a result of the news that Iran's oil exports has dropped significantly this month and gold rises more than 1% over the increase in the daily oil and sharp attenuation on the dollar triggered investors to cover their short positions.

Wall Street is in a pressure for most of the week, but managed closed slightly up on Friday amid worries about the global slowdown and a number of weak US economic data.

Economic Data today is the Ifo business climate of Germany, pending home sales in the US, as well as speeches from Ben Bernanke and ECB Draghi.

EUR/USD closing 1.3271 1.3293, low, high, 1.3188, H:1666.25, and XAUUSD C:1663.10 L:1642.40, CO-S c: 106.75, H: 108.25 L: 105.16. Dow C: 13032, H: 13041, L:12932.