Easy Forex Daily Forex Report 13-03-2014
March 13, 2014 2:10 pmVideo
Latest News
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The EU Morning Report – The single currency touched its two and a half year high – 13 March 2014
Written by the easy-forex team
Currencies
The US dollar (USD) moved even lower against the Japanese yen (JPY) reaching a new low at 102.55. The yen appreciates more as Chinese data shows a slower economy and boost demand for yen.
Equities
Equities
The US 500 (SPI) erased part of its losses and rebounded from its low at 1853 up to 1874. The US index advanced as there are developments in Ukraine and is now trading around 1869.
Commodities
WTI Crude (OIL) lost another 3 US dollars after dropping below the psychological level of 100 US dollars per barrel on Tuesday. The Crude oil is now trading near its monthly low as US inventories shrunk more than expected during last week.
Mover & Shaker with FX Options
Gold (XAU) continues its rally by gaining another 20 US dollars yesterday and reached its six month high at 1374 US dollars an ounce. The precious metal advanced as the tensions in Ukraine are getting worse and boost demand for haven assets.
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