Empire State manufacturing index rose less than expected

Note: This section contains information in English only.
Source: Forexpros

On Friday, official data showed that manufacturing activity in New York grew less than expected. Federal Reserve Bank of New York reported that the index of Empire State manufacturing activity surged to 2.3 on a seasonally adjusted basis, whereas the figure for the preceding month was 17.1. Analysts predicted that the Empire State manufacturing index would be 13.0.


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Fri, 15 Jun 2012 14:37:47 GMT

The Euro decreased versus the U.S. dollar

The Euro fell versus the Greenback on Friday despite the weak U.S. economic data, since investors were focused on upcoming Greek elections and continuing Spanish financial crisis. EUR/USD was traded at 1.2614, losing 0.15 during the early U.S. trade. The pair's support was likely to be found at 1.2443, and resistance could possibly be at 1.2647.

Fri, 15 Jun 2012 14:16:10 GMT

Gold gains on expectations of disappointing U.S. numbers, Eurozone fears

Futures for gold were growing in the early U.S. trading session, as both expected disappointing U.S. economic data and Eurozone fears triggered the demand for the precious metal. On the NYMEX, August delivery futures were traded at USD1626.25 per troy ounce, adding 0.41% during the early trade. Support was prone to be at USD1583.05, while resistance could be at USD1628.95.

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