Daily Forex Market by FXCC 16Jan2012
MARKET OVERVIEW JANUARY 16 2012
The euro hits a fresh all-time low of AUD 1.2264 on Monday
With the U.S. markets closed on Monday, due to Martin Luther King day, the currency markets and the euro in isolation may experience a slight reprieve, particularly if France's debt auction gets away with good numbers. The euro fell 0.3 percent to $ 1.2643 as of 8:15 a.m. in Tokyo from the close in New York on Jan. 13 when it touched $ 1.2624, the least since Aug.
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