Friday, January 8, 2010

currency pairs

While all the major currencies continue to provide mix results, there is still one extremely strong in the forex market – the bullish Gold. During last night gold reached over $1,163 an ounce, making another all time high. However, a recovery of the Dollar, if indeed takes place, has the potential to put an end to Gold’s uptrend.

Forex Highlights

USD – Is the Dollar Recovering?

EUR - Euro’s Bullishness Halts

JPY – Yen Strengthens on Positive Japanese Data

OIL – Oil’s Range Trading Continues; Tension in the Middle East Rises

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