www.bforex.com: Buyers Still Interested in USD

The EUR started out Tuesday with additional losses, however was able to pick itself off of the floor as the day moved on.

Gold is at record highs as issues carry on being inquired about the possibilities of contagion from the European Debt turmoil.

Wall Street replied with some gains after sharp losses earlier, and this has helped secure broad markets for the time being.

The U.K. and U.S submitted poor Trade Balance figures yesterday, right now Industrial Production amounts will arrive from Europe and the U.S. will discharge Crude Oil Inventories.

The Sterling and AUD should be watched very closely today.

The Sterling continues to be on the less strong parts of its range and the AUD has traded in in a tight fashion and is more likely to split from consolidation.

Safe haven trading will probably be found amidst investors that have anxious sentiment and the USD can still find buyers.

Channel: OddVid.com Video Length: 52s Date Found: Wed, Jul 13 2011 6:29 PM Category: Entertainment Date Produced: Wed, Jul 13 2011 10:46 AM View Count: 0