DAILY ANALYSIS FOR 12.09, 2013

Asian and European trading sessions:

British Pound: The GBP / USD pair during the European session crossed the mark of $ 1.5800 and continued to rising to $ 1.5840 after the release of the report on employment in the UK. According to the Office for National Statistics, the number of people who claimed unemployment benefits fell by 32,600 people to 1.40 million, to its lowest level since February 2009. The economists had expected a fall of 21,200. As a result, the unemployment rate in August fell to 4.2% from 4.3% in July; while the experts forecasted this value remain unchanged at 4.3%. The unemployment rate in the three months to July was 7.7%, which is lower by 0.1 percentage points lower than in the period from the last period of February to April. Unemployment rates were slightly lower than expected 7.8%.

Japanese Yen: The yen fell to a seven-week low against the dollar after U.S. President Barack Obama at a closed meeting with senators urged the Senate to delay the vote on approval of military intervention in Syria before considering possible solutions for the conflict. The additional pressure on the Japanese currency had a growth of stock indices on all Asia Pacific financial markets. Later, the USD / JPY pair fell to Y100.10 on correction

American trading session:

Euro: The euro rose sharply against the U.S. dollar reaching $ 1.3300 areas. The euro has grown substantially since the deposition of the vote on approval of military intervention in Syria has reduced demand for refuge assets.

Gold:  The gold prices fell slightly today which was associated with a reduced likelihood of military action against Syria. Also, the physical demand from Asia and other region remains weak, despite the fact that the price of gold fell below the psychologically key level of $ 1,400 an ounce. The cost of the October gold futures dropped to $ 1362.50 per ounce on COMEX today.

Oil:  The oil prices moderately increased, approaching with up to a its daily highs, for the first time after followed a fall of more than 4 % in the last two days against reducing concerns about a military strike on Syria. The cost of the October futures on U.S. light crude oil WTI rose to $ 107.77 a barrel on the NYMEX.