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Monday, June 21, 2010

Forex: EUR/USD rises to a new 4-month high at 1.3923

FXstreet.com (Córdoba) – Dollar weakness continues to be the rule. EUR/USD broke above 1.3900 reaching at 1.3923 a new 4-month high. The Euro is getting closer to the highest price of 2009 at 1.3987 (January 2). The pair has risen 170 pips in the last hours. So far today the par has risen 1.02% from opening price.

Markets down, gold up

Markets are declining in the U.S. with the Dow Jones losing 2.08% and Nasdaq 2.63% despite the fall in jobless claims. Gold futures finished today above $950 an-ounce, the highest price since March. Oil is also up, currently above $61.

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