Forex

The good news for the Euro: France placed its government bonds on 8.59 billion euro compared with planned 7, 4-8, 7 billion euro

By Forex-Metal

Asian and European trading sessions:

Euro: The Euro reached a new low of $1.2627 against the US dollar on Monday during the Asian trading session. The Euro currency was negatively influenced because of the lowering the credit ratings of some Europeans countries made by Standard & Poor rating agency on Friday. The EUR / USD pair traded in a range of $ 1.2627 -$ 1.2686 for the rest of this trading day. The good news for the Euro currency was that France placed its government bonds on 8.59 billion euro compared with planned to 7, 4-8, 7 billion euro.

British Pound: The trading range for the GBP / USD during both sessions was the range of $ 1.5281 to $ 1.5327.

Japanese Yen: The USD / JPY pair dropped to the area of ??Y76.69 during the European trading session.

Australian dollar: The Australian dollar firstly fell along with stocks at the beginning of Asian trading on the background of downgraded rating rate of some European countries on Friday night, as solutions made by agency Standard & Poor's.

Oil: The WTI oil futures went up recording their sessions high at $99.93 area.

Gold: The Gold in today's trading increased to 1648.50 per troy ounce.

American trading session:

In observance of Martin Luther King Day, the U.S. stock markets were closed today, on Monday.