The G20 does not change obviously the data on the Forex

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Indeed, the G20 meeting, which was welcomed by Nicolas Sarkozy as a historic moment instead left a bitter taste to traders. So to speak, the trends in the foreign exchange markets have not been strictly chamboulées by consensus positions taken by states gathered this weekend in Washington to reform global finance. Indeed, no concrete decision has been taken, notably because of the absence of which Barack Obama, meanwhile, gave an interview with his wife in the show "60 Minutes" on CBS.

Therefore, the foreign exchange market opened almost as it closed Friday night. The euro, after the announcement of the entry into recession in Euroland, has posted a slight rise in early European trading while the Japanese currency continues to capitalize on investor caution currency market. They tend, because of uncertainty ambient to sell euros but also the Australian dollar and New Zealand dollars, which are high-yielding currencies.

Regarding the dollar, it remains fairly well despite the announcement Friday of a 2.8% decline in retail sales in October and investors eagerly await today's figures for industrial production last month to place their trades. However, despite the ill-expected figures, the dollar should not suffer too, benefiting from its safe haven status. Daily Finance and Investment Tips / Make Money by Learning