Futures for gold decreased in European trade

Source: Forexpros
On the NYMEX August delivery futures for gold were traded at USD1553.25 per troy ounce, shedding 0.70%. It was previously traded at USD1549.25, which was a session's low. Support is prone to be at USD1532.55, whereas resistance is likely to be at USD1585.65.
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Fri, 01 Jun 2012 17:12:09 GMT

USD/CHF rose in the morning trading session

USD rose versus the Swiss Franc in European morning trading session. USD/CHF was traded at 0.9748, gaining 0.36%. It is likely that support lies at 0.9529 and resistance is prone to be at 0.9753, namely Friday's high.

Fri, 01 Jun 2012 16:39:11 GMT

The U.S. dollar – safe haven for investors in May

As the economic state of the E.U. is in jeopardy, many investors in May saw the dollar as a safe haven. The U.S. dollar posted its top earnings since the year 2011 by outperforming stocks, commodities and bonds. In actual figures, the Intercontinental Exchange Inc.'s Dollar Index rose by 5.5%, the Dollar Index grew by 3.8% in the respective month.

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