Australia Westpac Consumer Confidence rises to 4.7% in Jun from -7%

Jun 12, 2013

USD/JPY stops the bleeding above 96.00

USD/JPY is last near session highs at 96.24, off fresh weekly lows at 95.58. “Losses almost fully retraced Fri/Mon 94.97/99.27, with immediate risk seen on retest of 94.97 and possible fresh extension of broader downtrend from 103.72,” said analyst at Windsor Brokers and contributor at FXstreet.com Slobodan Drvenica.

Commodities Brief: Precious metals fall victim to “risk off” selling

In a day in which a “risk off” selling theme rumbled throughout both equities and commodities, precious metals unable to shake off the bears with gold closing down 0.57% at 1378, and silver closing down 1.14% at 21.59.