Market Outlook 11-06-2014

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Market Outlook 11-06-2014 Jun 11, 2014
EUR/USD was down 0.38% at 1.3541, up from a session low of 1.3534 and off a high of 1.3602.the sets was prone to discover help at 1.3503, Thursday’s low, and safety at 1.3677, Friday’s high.rising Treasury yields, four months of robust month to month employments reports and other energetic monetary markers in the U.s. sent speculators pursuing the dollar on Tuesday.

GBP/USD hit 1.6759 throughout U.s. morning exchange, the pair’s most reduced since June 5; the pair consequently merged at 1.6767, shedding 0.21%.cable was prone to discover help at 1.6699, the low of June 4 and safety at 1.6845, the high of June 6.

USD/JPY was down 0.15% to 102.37, off session lows of 102.22. USD/CHF rising 0.26% to 0.8993.AUD/USD easing up 0.09% to 0.9362 and NZD/USD rising 0.22% to 0.8512. USD/CAD edged up 0.10% to 1.0913.

Gold prospects for August conveyance exchanged at $1,259.60 a troy ounce, down 0.04%, in the wake of hitting an overnight session low of $1,250.40 and off a high of $1,263.70. The European Central Bank’s late choice slice premium rates kept on weighing on the euro, which reinforced gold’s claim as a support.

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