The euro held its strong recent gains in thin trade versus the dollar on Monday, with most European markets shuttered for the extended Easter break.
Traders at their desks refrained from taking aggressive positions in currencies other than those backed by soaring commodity prices.
With gold and silver at prices not seen in decades, the aussie dollar touched its highest in almost thirty years against the U.S. dollar this morning.
Focus now shifts to the U.S. Federal Reserve, which will make its latest decision on interest rates Wednesday.
Although a change in the central bank’s key lending rate is highly unlikely, the Fed may signal it has no plans to renew its controversial asset purchase plan when it expires in June.
The euro sat near $1.46 versus the euro on Monday, just below last week’s 16-month low of $1.4647.
In economic news from the U.S. sales of new homes rebounded 11.1 percent in March to a seasonally adjusted annual rate of 300,000, the Commerce Department said Monday.
Still, new home sales were down 21.9 percent from March 2010 levels.
The euro was steady versus the yen, fetching Y119.70. Early gains took the euro to GBP 0.8850 versus the sterling, not far from a recent 7-month high of 0.8915.
Bank of Italy’s Governor Mario Draghi has gained support from French President Nicolas Sarkozy in the race to become the next European Central Bank chief, Bloomberg News reported Monday, citing an unidentified source.
Sarkozy is expected to disclose his support to Draghi tomorrow in Rome. As Draghi is the only representative for the post from the big-four eurozone nations, namely Germany, France, Italy and Spain, the French support raises the chance of him being selected as the ECB chief, the Bloomberg report said. His bid apparently has German backing.
The current central bank President Jean-Claude Trichet’s term expires on October 31.
Spanish producer prices rose 7.8 percent annually in March after rising 7.6 percent in February, the statistical office INE said Monday. On a monthly basis, producer prices rose 0.9 percent, the same rate of growth as seen in February.
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this {post|article} reminds me of my previous roommate!
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post} to him. {Pretty sure|Fairly certain} {he will|he’ll|he’s going to} {have a
good|have a very good|have a great} read. {Thank you for|Thanks
for|Many thanks for|I appreciate you for} sharing!|
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design. {Excellent|Wonderful|Great|Outstanding|Superb} choice of colors!|
{There is|There’s} {definately|certainly} {a lot to|a great deal to} {know about|learn about|find out about}
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{You made|You’ve made|You have made} some {decent|good|really good} points there.
I {looked|checked} {on the internet|on the web|on the net}
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{Hi|Hello|Hi there|What’s up}, I {log on to|check|read} your {new stuff|blogs|blog}
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I {simply|just} {could not|couldn’t} {leave|depart|go away} your
{site|web site|website} {prior to|before} suggesting that I {really|extremely|actually} {enjoyed|loved} {the standard|the usual} {information|info} {a person|an individual}
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on|check out|inspect|investigate cross-check} new posts|
{I wanted|I needed|I want to|I need to} to thank
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{Hi|Hello|Hi there|What’s up}, just wanted to {mention|say|tell you},
I {enjoyed|liked|loved} this {article|post|blog post}.
It was {inspiring|funny|practical|helpful}.
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{Hi there|Hello}, I enjoy reading {all of|through} your {article|post|article
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I {always|constantly|every time} spent my half an hour to read this
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I {always|for all time|all the time|constantly|every time} emailed this
{blog|weblog|webpage|website|web site} post page to all my {friends|associates|contacts}, {because|since|as|for the reason that} if like to read it {then|after that|next|afterward} my
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My {coder|programmer|developer} is trying to {persuade|convince}
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the {expenses|costs}. But he’s tryiong none the less. I’ve been using {Movable-type|WordPress} on {a number of|a variety of|numerous|several|various} websites for about a year and am {nervous|anxious|worried|concerned} about switching to another
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I could have sworn I’ve {been to|visited} {this blog|this web site|this website|this site|your
blog} before but after {browsing through|going through|looking at} {some of the|a few of
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{Terrific|Great|Wonderful} {article|work}! {This is|That is} {the type of|the
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{web|internet|net}. {Disgrace|Shame} on {the {seek|search} engines|Google} for {now not|not|no longer}
positioning this {post|submit|publish|put up} {upper|higher}!
Come on over and {talk over with|discuss with|seek
advice from|visit|consult with} my {site|web site|website} .
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I hope to give something back and {help|aid} others like you {helped|aided} me.|
{Hi|Hello|Hi there|Hello there|Howdy|Greetings}, {I think|I
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Heya {i’m|i am} for {the primary|the first} time here.
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I {always|all the time|every time} used to {read|study} {article|post|piece of writing|paragraph} in news papers but now as I am a user of {internet|web|net} {so|thus|therefore} from
now I am using net for {articles|posts|articles or reviews|content}, thanks to web.|
Your {way|method|means|mode} of {describing|explaining|telling} {everything|all|the whole thing} in this {article|post|piece
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{Hi|Hello} there, {I found|I discovered} your
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{Hello|Hi} there, {simply|just} {turned into|became|was|become|changed into} {aware of|alert
to} your {blog|weblog} {thru|through|via} Google, {and found|and located} that {it is|it’s} {really|truly} informative.
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you|for those who|if you happen to} {continue|proceed} this
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your|out of your} writing. Cheers!|
{I am|I’m} curious to find out what blog {system|platform} {you have been|you happen to be|you are|you’re} {working with|utilizing|using}?
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my latest {site|website|blog} and {I would|I’d} like to find something more {safe|risk-free|safeguarded|secure}.
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Is this a paid theme or did you {customize|modify} it yourself?
{Either way|Anyway} keep up the {nice|excellent} quality writing, {it’s|it is}
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writing {talents|skills|abilities} {and also|as {smartly|well|neatly} as} with the
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{Is this|Is that this} a paid {subject|topic|subject
matter|theme} or did you {customize|modify} it {yourself|your self}?
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Engaging in the forex markets may not be considered as entertainment and is actually
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Anyhow, if you have any recommendations or techniques
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Today, I went to the beach with my kids. I found a sea shell and gave it
to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell
to her ear and screamed. There was a hermit crab inside and it pinched her ear.
She never wants to go back! LoL I know this is totally off topic but I had to tell someone!
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