The euro remained under pressure against the US dollar throughout yesterday's trading session, as investors remained cautious regarding Greece's financial situation. The EUR/USD spent much of the day range trading around the 1.3225 level after failing to break above key resistance lines the day before. Today, traders will want to pay attention to the weekly US Unemployment Claims figure. A better than expected result may result in the euro falling further against the greenback.

Summary

USD - US Unemployment Claims May Generate Volatility Today

GBP - Sterling Tumbles Following MPC Meeting Minutes

JPY - Yen Drops to 7-Month Low vs. USD

Crude Oil - Crude Comes Off Recent Highs amid Decreased Demand

euro | dollar | pressure | Greece | concerns | unemployment claims | volatility | gbp | mpc meeting | jpy | oil

As we approach New Years we'll attempt to address the major issues for 2012.

Summary

CAD - Loose BoC Monetary Policy to Weigh on CAD

GBP - AAA Rating Won't Save Sterling

AUD - Interest Rate Differentials to Drive AUD

Gold - Gold is Not a Safe Haven Asset

2012 preview | examine | major issues | cad | gbp | aud | gold | interest rate | monetary policy