Durable Goods Orders and Core Durable Goods Orders fell month on month as the U.S dollar fell against the Euro after support at 1.274
Global forecasts of supplies still exceed demand as Oil prices continues to fall
Price of Gold trades below 1230 as demand falls.
The U.S dollar falls against the Yen as the trading week opened with a price gap at resistance price of 108.2, Pending Home Sales showed increase less than estimates.
Australian dollar moves higher against 0.8800 as technical indicators swing towards bullish run.
Cable is pushed higher as probability of an inverted head and shoulders beckons when candles breakthrough 1.6200
Stress test results on European Union banks and German IFO Business sixth month of falling ratings fail to weigh on the Euro as 1.2700 resistance is breached.
U.S. crude supplies push prices right back down to a two-year low after brief rebound.
Labour market has been the gaining headwinds as the countdown to the end of the QE keeps gold prices bearish.
Yen falls as the week's fundamentals may show the direction of the Fed and the BOJ which will heavily influence the rates of USD/JPY
Australian dollar continues its sideways trend as 0.882 resistance is attained before markets closed for the week.
Cable rises amidst the lack of bank rate decisions as preliminary GDP quarter on quarter change hits expected 0.7% but still lower than the 0.9% recorded in the 2nd Quarter.