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News of the Day

27.01.2012, 10:11:29 AM

by Around FX

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1. USD recovers losses. EUR/USD now trading lower than yesterday as Greek talks continue and at 10:00 GMT Italy is to sell short term bonds.
2. Gold stays well above $1700 as Fed sees zero low rates till end of 2014.
3. USD/JPY plummets an speculation that yen will continue to strengthen and on end of month selling by exporters. EUR/JPY suffers too.
4. Economic calendar for today: 13:30 GMT US GDP

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