The currency market is operation in a very narrow price range, waiting for the US economic data.
Moody’s downgraded Italian debt but it did not affect the euro much; on the contrary, it generated a great demand in Italian bonds. We still remember that Mario Monti did not exclude the opportunity of financial aid request from the EU.
One way or another, the single currency cannot make up the positions and hit the minimum of more than two years, although the situation is less pessimistic these days.
European stocks are not alien to the climate of uncertainty that exists within the Old World, and stock indexes leaders operate with moderate losses. The Dow Jones index futures grow before the opening of the American session.
It is interesting that the futures observed are much higher than the U.S. stock after hours are falling down along with the actions, of course, due to the bell login. That is what was happening in recent days, and had a significant influence on exchange rates.
As for the oil fires at this time, they are surpassing the weekly high, and the area is looking for $ 87.20 a barrel, resistance area. This movement is giving benefits to the Canadian dollar and the Mexican peso.
Also gold recovered from the afternoon Thursday, and broke trend line technically on the 4 hour chart, so you might find the area of ​​$ 1595 per ounce in the next few hours, which gives impetus to the ailing Australian dollar, whose medium-term uptrend was stalked on the eve, touching 1.01 of its minimum price.
The beginning of the American session was not so attractive from the movements that can be expected for the coins. The majors are profiled not to change that trend.

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