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According to the U.S. Commerce Department , retail sales in November rose 0.7 % , higher than the forecast of 0.6 % and is the highest level in 5 months. Meanwhile , the proportion of votes in favor and 332 votes against 94 , the U.S. House easily passed the budget agreement for fiscal year 2014 and two in 2015 . The next step , should get the bill approved by the Senate would not have predicted obstacle . USD yesterday continued to appreciate against most major currencies as retail sales in November rose sharply along with the lawmakers have reached an agreement on the budget increase speculation about the possibility of the Fed will soon implement measures to reduce speed stimulus program . |
AUD fell sharply after central bank Governor Glenn Stevens in all Australian respondents reiterated his view that the currency of Australia needs more discounts to boost economic growth . Mr Stevens also said , in his opinion , is a reasonable threshold of 0.85 billion AUD / USD .
Dollar to its highest level in more than 5 years compared with JPY as the difference between the yield on U.S. Treasuries and Japanese government bonds expanded the most since April 2011 . In his interview with the Financial Times yesterday , the Governor of the Central Bank of Japan ( BOJ ) Haruhiko Kuroda said the BOJ will continue to implement economic stimulus package until stable inflation at 2% and will boost pump more money into the economy if inflation slows. The USD / JPY is expected to touch 105 levels in the near future.
World gold prices plummeted STRONG
World gold prices fell sharply in trading yesterday as U.S. economic statistics published positive than expected and it passed the House budget agreement , to prevent the risk of the U.S. government to close again market early next year that increased expectations about the possibility the Fed will soon cut QE3 quantitative easing .
End of session 12/12 , the world gold price down 26 cents or 2.1 % to $ 1.226 / ounce . Thus, in two sessions 11-12/12 days , gold prices have fallen about 37 USD / ounce . Currently gold is near the lowest level in 5 months on set last week .
In trading yesterday , the investment trust world's largest gold SPDR Gold Trust added 6 tons of gold net sales , decreased levels of 827.6 tonnes hold . In two recent decline in the price of gold , the SPDR Gold Trust, the net sales total of 8.1 tonnes of gold . From this year , the fund has sold more than 500 tonnes of gold , bringing the lowest hold down nearly 5 years .
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