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Apr 15, 2013
Draghi testimony key in the week ahead for euro - UBS
"The euro has largely been a - beneficial - bystander of developments in Japan, China and America in the past week. This is despite concerns about Portugal's bail-out programme going off-track, Cyprus needing even funds and Italy remaining without a new government," noted Mansoor Mohi-uddin, Head of Foreign Exchange Strategy at UBS
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Apr 15, 2013
Session Recap: China GDP misses estimates; Gold & Oil plummet
Commodities selling off today in Asia-Pacific resuming the pounding started earlier last week was at center stage, with Oil last below the $90 key mark, down already -2.37% for the session so far, and -6% in last 3 days. Gold in the other side cracked below key $1450 mark, down more than -10% in last week, while Silver lost the $25 handle.
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