Forex and Gold Daily Report 07 February 2013-ISMAR Financial

Aussie after the release of disappointing Australian retail sales data  and Euro fell down against USD dollar on Wednesday ahead of the European Central Bank’s decisions on interest rates and monetary policy due out Thursday. While GBP and JPY held strady.

Gold futures turned higher during U.S. morning trade on Wednesday, as Europe’s political troubles forced their way back onto the agenda while investors awaited the outcome of Thursday’s European Central Bank policy meeting.

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