5 Important Things Before the Open Market

Learn Forex : 5 Important Things Before the Open Market

During the early to mid March is EUR traded almost touching the 1.3000 area between 1.2960 to 1.3100 move. AUD has moved higher in recent years, with the upward movement in the lower left area of 1.0363 for a move up to 1.0457, bringing the currency to a new 7 week high.
Asian shares and the euro moved defensive Friday from Cyprus-related concerns that may crash the debt, while a repeat of the economic activity in Europe emphasize issues surrounding the European zons.
Crude Oil and metals prices weakened again while gold rallied again when the financial markets again renewed fears of fallout overwhelmed the financial sector in Cyprus and the result may be an effect on the economic recovery in Europe.
The rating agency Standard & Poor's cut its rating on Cyprus to CCC from CCC +, warned "that the absence of a source of capital and a credible fiscal spending, increasing the risk of collapse.
Nike released a report earnings that exceeded expectations on Thursday and said the level of orders for clothing and shoes increased.

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