Many energy commodities and precious metals remained virtually unchanged in the Asian markets as the U.S and European markets were closed due to the Holiday. Major currencies were traded mostly slightly down against the USD. In particular the Euro declined against the USD on Monday; several other currency pairs such as the AUD and Japanese yen also depreciated against the USD. Japan’s new elected Prime Minster, who wishes to augment the monetary easing process of Bank of Japan, stated he is incline that the Japanese inflation target should be set on an annual rate of 2%.
Here is a summary of the daily developments of precious metals and energy commodities for December 24th, 2012:
On Monday,the Euro/USD slipped by 0.07% to 1.3179; the U.S Dollar also appreciated against the Aussiedollar by 0.35% to reach 1.036; the USD also rose against the Japanese yen on Monday by 0.88%; the British pound and CHF also depreciated against the USD yesterday. On the other hand, the Canadian dollar edged up by 0.02% against the USD
A Summary for December 24th:
The table below includes: closing prices, daily percent changes, and daily changes:
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