Published on FXDD (http://forex.fxdd.com)
Bobby's Corner Market Open 6.30.2008
By Bob Slade
Created Jun 30 2008 - 7:19am

Good Morning:

 

Crude oil reached another new high overnight to over $143.00 a barrel, as speculation that supplies from Iran (OPEC’s second largest producer) may be disrupted as the dispute over Iran’s nuclear program continues.

 

The EUR/USD traded above 1.58 and USD/JPY broke 105.  The dollar has since rebounded to the 1.5767 and 105.50 levels presently.

 

Asian and European Indexes were mixed, and US Futures are pointing to a lower opening.

 Oil: $142.78                                        Gold: $935.20 

Today we have data on:

Chicago PMI at 9:45 AM   Exp:  48.5   Prior: 49.10

 

Have a GREAT DAY and GOOD LUCK

 


Source URL: http://forex.fxdd.com/trading-news/4953/bobby%2526%2523039%3Bs-corner-market-open-6.30.2008