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The Last Week’s Forex Trading Activities Viewpoint

The Last Week’s Forex Trading Activities Viewpoint

2011-01-10 13:14:35

 

 

Last week all of the world’s major stocks close higher than they had started the week. In Europe over the course of the week, the FTSE made 0.22%, closing at 984.3; the Dax rose by 0.49% to close at 6947.8; the CAC gained 0.38% to end the session at 3865.6.
The Dow ended the week higher to the tune of 0.91%, finishing the trading session at 11675. The NASDAQ ended the week higher, making 1.5% to close at 2703.2.
On the currency markets last week, Sterling had the best of the trading. The Dollar was weaker against Sterling by 0.22%, closing at 1.55577 to the Pound. The Greenback was stronger against the Euro making 3.1%, to close at 1.2943. The Dollar strengthened against the Japanese currency to close at 83.06 to the Yen, a rise of 2.2%.
The Euro closed down against the Yen ending at 107.51, dropping 1.1% over the course of the week. The Euro lost ground against Sterling over the course of the week by 3.5%. The close saw one £ buying 1.202.
On the commodities market, the price for Brent crude was higher, closing at $93.8 per barrel (for February delivery); a rise of 0.78% over the course of the week’s trading. The value of gold relaxed last week, closing at 1374 per ounce; representing a fall of 2.7% over last week’s value.