The Euro strengthened against the US dollar on Tuesday

The Euro strengthened against the US dollar on Tuesday

The Euro strengthened against the US dollar on Tuesday as investor risk appetite ahead of pulihnya LTRO of ECB, however the fate of the euro will still be determined by the results of the auction.

It also helped push the price of gold rose by 1%. Oil add to pernurunan us economic data after a disappointing to closed below $ 107 a barrel. Meanwhile us stock exchange managed a rise despite economic data that mix.

Economic Data today is manufacturing PMI, industrial production, housing starts from Japan, Gfk consumer confidence from the inflation report from Ingris, BoE, HALIFAX, new home sales, retail sales of the KOF economic barometer of Australia, from Switzerland, CPI, GDP, the European zone Chicago PMI, crude oil inventories, the Fed beige book from the US, as well as speeches from Ben Bernanke.

EUR/USD closing 1.3464, high 1.3471, low 1.3388, C:1785.80, H:1790.20, and XAUUSD L:1766.20, CO-S c: 106.50, H: 108.79 L: 106.30. Dow C: 12997, H: 13023, L:12938.