Trade and currency and gold

giovedì 11 agosto 2011

currency, oil, gold briefly

Week was bad for the euro may be even worse next week if you do not allow the Greek parliament a package of measures to stress. Have led to concerns about Greece fall of the euro against the dollar for three consecutive sessions, pushing the single currency fell by 0.9% for the week and by 1.6% during the month. Euro closed at 1.4220 dollars, and closed at 114.12 Japanese yen.
· Turn the pound sterling on Friday towards the losses against the dollar for the third day in a row, have expectations about cash incentives to encourage dealers to lift the centers of the bullish trend as all the bounce attract more sellers. Pound closed at 1.6015 dollars, the euro has closed at 0.8875 pounds. 

· Canadian dollar fell on Friday to its lowest level in more than a week against the U.S. dollar continued its losses, which began in the middle of the week following the aggravated concerns about the debt problems of the euro area.
· Brent crude prices fell on Friday during intermittent dealings with the European debt problems led to the revival of the dollar index and oil continued to decline for the next day after it announced the consuming countries use strategic reserves.
· Price of gold fell sharply on Friday for the second straight session and reached its lowest level in a month, where concerns have led Greece to the rise of the dollar and pressure on the stock markets and commodities. gold closed at 1514.50 dollars