Top Of The Week In The Foreign Exchange Market Currency And Forex

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The currency market yesterday opened a new trading week of losing some of the gains that were made at the end of last week, especially the dollar, and this despite weak Asian markets and commodities. The Nikkei fell more than 200 points today. Oil also fell to a low of 77.07 initially but then recovered a bit and now trades around $ 78 a barrel. Gold is trading consistently at the level of 1130-1140. The pound sterling is so far the strongest currency today, after the positive report from Rightmove, the prices of housing. The euro remains weak today. The EUR / GBP has reached a low of 0.8812 before recovering slightly.

The EUR / AUD is traded in a low range, above the minimum of 1.5522 last week. The economic calendar today has many publications, England Rightmove, which measures home prices, improved by 0.4% in January. Production Japan Industrial fell 2.2%. At 13:30 GM, published international transactions in Canadian securities, which are expect to fall to 5.23B. The U.S. market will be on holiday today for the commemoration of Martin Luther King. He opened yesterday a new trading week of losing some of the gains that were made at the end of last week, especially the dollar, and this despite the weakness in Asian stocks and commodities.

The Nikkei fell more than 200 points today. He also fell to a low of 77.07 initially but then recovered a bit and now trades around $ 78 a barrel. Gold is trading consistently at the level of 1130-1140. The pound sterling is so far the strongest currency today, after the positive report from Rightmove, the prices of housing. The euro remains weak today. The EUR / GBP has reached a low of 0.8812 before recovering slightly. The EUR / AUD trades on a low range, above the minimum of 1.5522 last week. The one today has many publications, England Rightmove, which measures home prices, improved by 0.4% in January. Japan’s industrial production fell 2.2%. At 13:30 GM, published international transactions in Canadian securities, which are expect to fall to 5.23B. The U.S. market will be on holiday today for the commemoration of Martin Luther King.