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Forex update, Gold suffers as stocks continue to edge higher
- Middle East: Sunday, February 17 - 2013 at 09:55
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Last week's G20 meeting had a big impact as currency wars were the main theme, with FX markets coming under pressure driven by domestic fundamentals. The Fed minutes are expected this week, which may indicate a limit on Dollar strength. Gold has been hit hard in the last week, trading around $1,630 on Friday - conversely stocks have been hitting 5-year highs, but can it last?
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StaffSunday, February 17 - 2013 at 09:55 UAE local time (GMT+4)
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