Copper fluctuated on Greece, China

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Source: Forexpros
On Monday, copper fluctuated in a tight range during European morning trading hours, as uncertainty over Greece's bailout was undermining the demand for the metal, while optimistic Chinese data was supporting it. On the Comex, December delivery futures inched up 0.15%, being traded at $3.450 per pound. Earlier, it hit a session low of $3.430 and a session high if $3.458.
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Mon, 12 Nov 2012 15:46:33 GMT

Cable falls to 2-month low

On Monday, the Cable was traded lower versus the U.S. counterpart, hitting a 2-month low, on growing uncertainty over Greek bailout. GBP/USD hit a session low of 1.5866 and later consolidated at 1.5874, which was a 0.14% decline for the trading session. The pair's support was likely to be found at 1.5826, whereas resistance could be at 1.5943.

Mon, 12 Nov 2012 15:25:33 GMT

U.K. bonds increase before BoE inflation report

On Monday, British government notes were traded higher, as an upcoming report on inflation is widely expected to show an increase in U.K. prices, which may trigger further round of loose monetary policy. The yield on benchmark 10-year bonds declined 2 basis points, and reached a level of 1.72% by 10:38 a.m. in London.

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