Commodities and Forex Fundamental Analysis: Nov 14th 2012 by MBCFX

      Commodities and Forex Fundamental Analysis: Nov 14th 2012 by MBCFX


 
  • the EUR/USD  found a support at the 1.2660 level, and the release of industrial production data in Europe and retail sales in the U.S , is expected to affect the market direction of the prices on the short term.
  • Gold prices rose on today’s trading after two days of decline along with worries in financial markets about Greek bailout and the U.S. fiscal cliff.
  • Crude oil futures fell on today’s trading because the International Energy Agency cut its demand forecasts. 
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