FX Market Higlights 14.1.11
Jan 14, 2011 at 08:05
812 Paparan
0 Replies
Ahli sejak Jan 13, 2011
26 hantaran
Jan 14, 2011 at 08:05
Economies
*British economic growth slowed to 0.5% in the quarter / 4
*Bernanke expects the U.S. economy to grow 3-4% in 2011
*US saw unfortunately its jobless claims last week jumping to the highest level since October
FX
*EURUSD up after successful bond selling by Portugal, Spain and Italy which managed to restore some confidence in markets
(Will it break 1.3380 resistance)?
*Sterling rises to its highest level in a month against the dollar
Metals and energy
* Gold fell on Thursday, snapping three sessions of gains as safe-haven buying subsided after successful European bond sales and a more positive economic outlook from U.S. Federal Reserve Chairman Ben Bernanke
* Oil slipped on Thursday as markets weighed disappointing U.S. jobless claims data and the prospect OPEC would raise output should prices break above $100 a barrel for an extended period
(Trading between 90.70 & 92.00)
*British economic growth slowed to 0.5% in the quarter / 4
*Bernanke expects the U.S. economy to grow 3-4% in 2011
*US saw unfortunately its jobless claims last week jumping to the highest level since October
FX
*EURUSD up after successful bond selling by Portugal, Spain and Italy which managed to restore some confidence in markets
(Will it break 1.3380 resistance)?
*Sterling rises to its highest level in a month against the dollar
Metals and energy
* Gold fell on Thursday, snapping three sessions of gains as safe-haven buying subsided after successful European bond sales and a more positive economic outlook from U.S. Federal Reserve Chairman Ben Bernanke
* Oil slipped on Thursday as markets weighed disappointing U.S. jobless claims data and the prospect OPEC would raise output should prices break above $100 a barrel for an extended period
(Trading between 90.70 & 92.00)
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