Start Of The Week In Forex

The currency market opened the day of yesterday a new week of trading lost part of the gains that were made at the end of last week, especially the dollar, and this despite the weakness in Asian stock markets and commodity prices. The Nikkei fell more than 200 points today. Oil also fell to a minimum of 77,07 initially, but then recovered slightly and the barrel is now traded around 78 dollars. Gold is negotiating steadily on the level of 1130/40. The pound sterling is so far the stronger currency today, after the positive report from Rightmove, on housing prices. The euro remains weak at present. EUR/GBP has reached a minimum of 0,8812 before recovering slightly.

The EUR/AUD pair traded in a range low, above the minimum of last week from 1.5522. The economic calendar today has many publications, the Rightmove of England, which measures the prices of homes, improved by 0.4% in January. Production industrial of Japan dropped to 2.2%. To the 13:30GM, are published international securities transactions in Canada, which are expected to fall to 5. 23B. The U.S.

market.UU. It is holiday today commemorating Martin Luther King. The currency market opened the day of yesterday a new week of trading lost part of the gains that were made at the end of last week, especially the dollar, and this despite the weakness in Asian stock markets and commodity prices. The Nikkei fell more than 200 points today. Oil also fell to a minimum of 77,07 initially, but then recovered slightly and the barrel is now traded around 78 dollars. Gold is negotiating steadily on the level of 1130/40. The pound sterling is so far the stronger currency today, after the positive report from Rightmove, on housing prices. The euro remains weak at present. EUR/GBP has reached a minimum of 0,8812 before recovering slightly. The EUR/AUD pair traded in a range low, above the minimum of last week from 1.5522. The economic calendar today has many publications, the Rightmove of England, which measures the prices of homes, improved by 0.4% in January. Industrial production in Japan fell to 2.2 per cent. To the 13:30GM, are published international securities transactions in Canada, which are expected to fall to 5. 23B. The U.

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