Thursday 22 November 2012

Fundamental Analysis For November 21, 2012 Trend News

The euro reversed when finance ministers failed to agree on a Greek debt package. The currency was little changed at 1.2821 against dollar, after earlier weakening as much as 0.6%.

The yen weakened against 15 of 16 major counterparts. According to the Finance Ministry Japan’s exports fell 6.5% in October from a year earlier, leaving trade deficit of 549 billion yen ($6.7 billion).

U.S. jobless claims decreased by 41,000 to 410,000 in the week ended Nov.17, the Labor Department reported today.


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