Forex and Fold Daily Report for October 03, 2012.

The Australian dollar dropped to a three-week low against its U.S.  on Tuesday, after the RBA rate cut.

The euro held steady against the dollar on Wednesday as markets continued to anticipate a formal request for a bailout out of Spain.

The pound remained higher against the U.S. dollar on Tuesday, but gains were limited by downbeat U.K. economic reports.

The U.S. dollar edged higher against the yen on Tuesday, as sentiment remained mildly supported by Monday’s strong U.S. manufacturing data.

Gold prices were largely flat in Asian trading on Wednesday as investors held steady ahead of key jobs reports due out of the U.S. this week.

 

To get Complete report. Click:    Forex and Gold Daily Report for October 03, 2012

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