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FX:Euro Recovering, Pound Flat and Dollar Falling
 
Euro: The Euro continued to recover against the major currencies for the second day against the background of a positive perception on the results of the meeting of the heads of European countries. The purpose of this meeting was to take an action to resolve the debt crisis of EU. The EUR/USD pair rose above $ 1.2800 and recorded its daily high at $1.2815 area.

US Dollar: The U.S. dollar fell against the background of positive dynamics in the European and Asian stock indexes and demand for risky assets. The Dollar Index fell today by 0.09 % and closed at 81.10 points.

British Pound: The GBP/USD pair traded in the range of $1.5444- $1.5495 during both sessions and recorded its daily maximum by reaching the level of $1.54975.

Japanese Yen: The USD/JPY pair remained trading in narrow trade range of Y76.75 to Y76.89 levels during both trading sessions.

The Australian dollar: Against the background of positive dynamics in the European and Asian stock indexes and demand for risky assets the Australian dollar raised today against its competitors.

US Dollar: The pressure on the dollar at the American trading session was provided by positive momentum in U.S. stock markets and the greenback continued its downtrend against major currencies.

Gold: Gold prices grew today to $1631.48 amid falling the US dollar. February gold reached its daily high at $1639.95 per troy ounce.

Oil: The WTI (Light Sweet Crude Oil) in trading in New York rose to $102.16 per barrel amid growing concerns about the fact that the geopolitical tensions in the Middle East could disrupt the supply of oil.
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