Dear Trader,
Yesterday, the single currency Euro edged higher after touching the 2 months low against the dollar, upbeat by positive German data. This growth was seen as a correction. And we consider it as vulnerable given concerns about the sovereign debt crisis in Europe and the woes about contagion with Italy and Spain being pinpointed on the spotlight in tandem with Greece
Accordingly, commodity prices head upward: Gold hit two-week high followed by Silver and Oil.
