14.10.10
The USD dropped against the YEN at 15-year low level on expectations regarding the FED purpose to continue the quantitative easing.
Also because of these expectations of new quantitative easing series which will proceed by FED, the dollar fell against the Euro and GBP.
The oil traded higher today, the contracts were pushed up by the weak USD.
Also the yellow metal is under the FOMC influence and the gold jumped at a new high on the FOMC comments which gave a new wave of fear about the inflation.
|