Central Bank Rates: USD 3.50% JPY 0.5% EUR 4.00% GBP 5.50% CAD 4.00%

Thursday, January 3, 2008

USD weaker, crude oil and gold higher

Crude Oil at $100/bbl. Gold above $850/oz. EURUSD above 1.47.

USD continues in weakening after weak US data with EURUSD near 3 weeks high at 1.4720.
Crude and spot gold are at new record highs. Crude February contract reached $100 a barrel and spot gold trades above $860.

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