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[bhinder]

January 17th, 2012 Currencies     EUR/USD  The euro had a quiet trading day yesterday as it remained lower as French bill auction eyed .

EUR/USD hit 1.2626 during European afternoon trade, the daily low; the pair subsequently consolidated at 1.2666, easing down 0.08%.

GBP/USD  The Pound consolidated yesterday as trading Volume remained lower due to US Bank holiday  and lack of fundamental aspect.

GBPUSD hit 1.5274 during European session, the daily low; the pair is trading higher at the moment of writing this report, first major resistance level is at 1.5393.

Commodities  Oil rose to the highest level in three days as France pushed for faster enforcement of a ban on Iranian imports and Saudi Arabia’s energy minister said the world’s biggest crude exporter wants prices at $100 a barrel.

Crude for February delivery rose to as high as $100.40 a barrel in electronic trading on the New York Mercantile Exchange, up $1.70 from the Jan. 13 closing price.

Spot gold climbed about 1 percent on Tuesday, encouraged by revived risk appetite that lifted markets across the board, after China announced better than expected economic growth in the last quarter of 2011.

Spot gold gained 0.9 percent to $1,658.19 an ounce by 0509 GMT, heading for a second consecutive session of gains.

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[bhinder]

January 18th, 2012 Currencies    EUR/USD  The euro had a quiet trading day yesterday as the range levels remained unchanged, the euro against the greenback was ranging between high of 1.2788 and low of 1.2710.
During the Asian session the pair came to life after China reported that its economy grew at a strong pace, at the moment of writing this report the pair is trading at 1.2771, where we have the first major support level at 1.2813.

USD/CAD  Canada’s dollar reached the strongest level in two weeks against its U.S. counterpart as faster-than-forecast growth in China bolstered demand for higher-yielding assets.
Canada’s currency touched C$1.0113 per U.S. dollar, the strongest since Jan. 4. It ended 0.3 percent higher at C$1.0151 in Toronto.

Commodities  Oil rose for a second day after Iran cautioned Saudi Arabia against increasing supplies if sanctions are imposed on Iranian exports, while signs of economic growth in the U.S. and Germany bolstered bets fuel demand may increase.
Crude for February delivery rose as much as 72 cents to $101.43 a barrel in electronic trading on the New York Mercantile Exchange.

Gold rose for a third day, climbing alongside other commodities including copper, as the dollar weakened before data forecast to show signs of economic recovery.
Spot gold gained as much as 0.4 percent to $1,658.45 an ounce and traded at $1,654.48 at 1:40 p.m. in Singapore.

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[bhinder]

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[bhinder]

January 20th, 2012
Important Financial Indicators of the day Forecast   Previous
GBP 09:30 (GMT) Retails Sales    0.6%    -0.4%   
CAD 12:00 (GMT) Core CPI  m/m     -0.2% 0.1%
USD 15:00 ( GMT) Existing Home Sales  4.65M   4.42M
Currencies   EUR/USD  The 17-nation euro strengthened yesterday as Spain and France sold bonds at lower yields in their first sales of medium and long-term debt since being downgraded by Standard & Poor’s.
The dollar has fallen 2.3 percent versus the euro since Jan. 13.

USD/CAD  Canada’s dollar was little changed against its U.S. counterpart as a decline in crude oil countered a rally in equities.
Canada’s currency, also known as the loonie, was little changed at C$1.0108 per U.S. dollar at 5 p.m. in Toronto after touching C$1.0071, the most since Dec. 8.

Commodities   Oil rose in New York, extending its gain for the week, as investors bet fuel demand will rise along with an economic recovery in the U.S.
Crude for February delivery advanced as much as 35 cents to $100.74 in electronic trading on the New York Mercantile Exchange at 4:36 p.m. Sydney time.

Gold regained strength on Friday after an early drop in prices spurred bargain hunting
from investors in Asia, while a steady euro and rising equities offered additional support for the metal, which is heading for its third week of gains.
Spot gold added 0.07 percent to $1,657.89 an ounce by 0718 GMT after falling to a low around $1,653.
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[bhinder]

January 26th, 2012
Currencies        EURUSD The dollar traded 0.1 percent from the least in five weeks against the euro after the Federal Reserve extended its pledge to keep interest rates low until late 2014.
The dollar traded at $1.3118 per euro as of 2:51 p.m. in Tokyo from $1.3106 in New York yesterday, when it dropped to $1.3121, the lowest level since Dec. 21
USDCAD Canada’s dollar gained to the strongest in almost three months after U.S. policy makers said their key interest rate will stay at almost zero until at least late 2014, boosting the attraction of Canada’s 1 percent rate.
Canada’s currency, appreciated 0.5 percent to C$1.0043 per U.S. dollar at 5 p.m. Toronto time.
Commodities  OIL rose for a second day in New York on speculation that a Federal Reserve pledge to keep U.S. interest rates low will bolster economic growth and boost fuel demand in the world’s biggest crude consumer.
Crude for March delivery rose as much as 84 cents to $100.24 a barrel on the New York Mercantile Exchange and was at $100.21 at 2:16 p.m. Singapore time.
Gold  jumped to its strongest in more than a month on Thursday after a promise by the U.S. Federal Reserve to keep rock-bottom rates for at least two more years helped burnish the metal's safe-haven appeal.
Spot gold was hardly changed at $1,709.19 an ounce by 0036 GMT after earlier hitting a high of $1,713.59 an ounce, its highest since mid-December.
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[bhinder]

January 27th, 2012
Currencies     EURUSD The dollar traded 0.1 percent from the least in five weeks against the euro after the Federal Reserve extended its pledge to keep interest rates low until late 2014.
The dollar traded at $1.3118 per euro as of 2:51 p.m. in Tokyo from $1.3106 in New York yesterday, when it dropped to $1.3121, the lowest level since Dec. 21
USDCAD Canada’s dollar gained to the strongest in almost three months after U.S. policy makers said their key interest rate will stay at almost zero until at least late 2014, boosting the attraction of Canada’s 1 percent rate.
Canada’s currency, appreciated 0.5 percent to C$1.0043 per U.S. dollar at 5 p.m. Toronto time.
Commodities  OIL rose for a second day in New York on speculation that a Federal Reserve pledge to keep U.S. interest rates low will bolster economic growth and boost fuel demand in the world’s biggest crude consumer.
Crude for March delivery rose as much as 84 cents to $100.24 a barrel on the New York Mercantile Exchange and was at $100.21 at 2:16 p.m. Singapore time.
Gold  jumped to its strongest in more than a month on Thursday after a promise by the U.S. Federal Reserve to keep rock-bottom rates for at least two more years helped burnish the metal's safe-haven appeal.
Spot gold was hardly changed at $1,709.19 an ounce by 0036 GMT after earl r hitting a high of $1,713.59 an ounce, its highest since mid-December.
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[bhinder]

January 30th, 2012
Currencies   EURUSD The euro declined against the dollar, snapping a five-day gain, before European Union leaders meet in Brussels to discuss the region’s debt crisis.
The euro slid 0.4 percent to $1.3169 as of 6:35 a.m. in London from the Jan. 27 close in New York
USDJPY fell during the Friday session as the Dollar continues to weaken against most other currencies, the area just below 76.66 starts the support level that the Bank of Japan has been defending.
Commodities Oil declined  before a meeting of European Union leaders to discuss the region’s debt crisis, which has slowed the economy and threatened to curb fuel consumption.
Crude for March delivery fell as much as 82 cents to $98.74 a barrel in electronic trading on the New York Mercantile Exchange.
Gold ticked lower on Monday after earlier rising to its highest in more than seven weeks as investors awaited the outcome of Greece's debt deal talks.
Gold hit a high of $1,739 an ounce, its strongest since December 8, on safe-haven buying after data showed U.S. fourth-quarter economic growth was weaker, however it found resistance at 1739.00 and pulled back to 1725.95 the lowest for today 7:39 GMT.
Equities  Asian stocks fell, with a regional benchmark index dropping from a three-month high, ahead of a European summit on the region’s debt crisis.
Nikkei 225 Stock Average slid 0.5 percent.
Hong Kong’s Hang Seng Index declined 0.9 percent.
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[bhinder]

February 3rd, 2012
Currencies   EUR/USD headed for a weekly decline against all of its 16 major peers as Greece and its creditors struggle to reach an agreement on a debt swap.The euro was little changed at $1.3140 as of 2:40 p.m. in Tokyo from $1.3144 in New York yesterday, set for a 0.6 percent weekly decline.
USD/JPY traded within one yen of a postwar high versus the dollar, raising speculation the country will intervene to weaken it.The yen traded at 76.19 per dollar from 76.22. It rose to as high as 76.03 on Feb. 1, approaching the post-World War II record of 75.35 set on Oct. 31.
AUD/USD fell from near five-month highs as Asian stocks dropped, curtailing a global advance in equities and reducing demand for riskier assets.Australia’s dollar declined 0.2 percent to $1.0691 from yesterday, when it reached $1.0757, its strongest since Sept. 1.
Commodities  Oil traded near a six-week low before a report forecast to show the U.S. added fewer jobs last month than in December.Crude for March delivery was at $96.56 a barrel, up 20 cents, in electronic trading on the New York Mercantile Exchange at 1:32 p.m. Singapore time. The contract fell 1.3 percent to $96.36 yesterday, the lowest since Dec. 19.
Gold advanced to the highest level in eight weeks, gaining alongside equities and other commodities, as global manufacturing improved, weakening the dollar and boosting demand for alternative investments.  Gold rallied as much as 0.5 percent to $1,751.97 an ounce, the most expensive since Dec. 8, and traded at $1,746.30 at 1:20 p.m. in Singapore.
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[bhinder]

February 7th, 2012  Currencies     EUR/USD declined for a 2nd day before Greek PM Lucas Papademos share out details to the other 3 parties in regards to the details of measures to be held on nation in order to control and solve the debt issue. The euro dropped 0.2% to $1.3107 as of 2:23 p.m. in Tokyo from the close in NY yesterday when it fell 0.2%. It was little changed at 100.56 yen. Japan’s currency weakened 0.2 percent to 76.73 per USD
USD/JPY  The dollar was little changed against the Japanese yen as traders consider whether Tokyo will intervene in currency markets
The dollar bought 76.58 Japanese Yens, versus 76.62 JPY that was traded on  late Friday.
AUD/USD gained against all of its 16 major counterparts after the Central Bank maintained the benchmark interest rate at 4.25%. Forecasts expect a cut of 4%.
The Australian dollar advanced 0.6 percent to $1.0792 and touched $1.0811,
the   strongest since Aug. 2.
Commodities  Oil traded near a two-day low in NY on speculation that fuel demand may drop as Europe faces  a serious debt issue and crisis influence the market on both US and Europe, as stockpiles increase in the U.S., the biggest crude consumer.
Crude for March delivery was at $96.82 a barrel, down 9 cents, in electronic trading on NYMEX at 4:30 p.m. Sydney time. The contract yesterday fell 93 cents to $96.91, the lowest settlement since Feb. 2. Prices are down 2 % this year
Gold started the week under pressure as another weekend passes with no resolution of the Greek crisis, sapping risk appetite and boosting the dollar. It seems like the big sticking point might not be the PSI deal after all, but troika concerns about the pace of Greek reforms. Just so there's no question about how Greek workers feel about additional austerity, the two largest unions — which account for nearly half of the entire workforce of Greece — have a strike planned for Tuesday (today).
Spot gold edged up 0.1 per cent to $1,721.13 an ounce by 0311 GMT, after touching a 1-1/2-week low of $1,711.29 in the previous session.
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[bhinder]

February 8th, 2012
Important Financial Indicators of the  Day Forecast    Previous
NZD (GMT)  Employment change q/q 0.4%     0.2%
NZD (GMT)  Unemployment Rate    6.5% 6.6
Currencies     EUR/USD The euro hit an eight-week high against the dollar on Tuesday, helping lift stocks and commodities on signs a Greek bailout agreement was near, but the rally paused after a key meeting on Greece was postponed by a day.
The euro at one point jumped more than 1 percent to a session high of $1.3270, hitting its highest level since December 12. After paring some gains, the euro traded near session highs, up 1 percent on the day.
USD/JPY  The yen weakened versus all of its major peers as gains in Asian shares damped demand for haven currencies and data showed that Japan’s current-account surplus slid to a 15-year low in 2011.
The yen fell 0.5 percent to 77.14 per dollar as of 6:11 a.m. in Tokyo. It dropped 0.6 percent to 102.35 per euro, the weakest level since Dec. 22. Europe’s 17-nation currency gained 0.1 percent to $1.3271 after reaching $1.3276, the most since Dec. 12.
AUD/USD  Aussie gained against the majority of its 16 major counterparts after the central bank maintained the benchmark interest rate at 4.25 percent. Predictions were expecting a cut of 4 percent.
The Australian dollar advanced 0.8 percent to $1.0809 after rising to $1.0823, the strongest since Aug. 2.
Commodities  Oil Gains a Second Day on demand outlook as API says U.S. Stockpiles Drop. Oil Rose for a second day in NY after an industry report showed stockpiles shrank in the U>S>, the world's bigger crude consumer.
Oil for March delivery advanced 82 cents to $99.23 a barrel in electronic trading on the New York Mercantile Exchange and traded at $99.22 at 5:27 p.m. in Sydney. The contract yesterday increased $1.50 to $98.41, the highest settlement since Jan. 31. Prices are 14 percent higher than a year ago.
Gold is trading at 1748.40 ending an up and down session. Earlier in the day gold began falling hitting the low of 1712.65. As news of a possible deal was reported in Greece the USD began to plummet and Gold did as it should do, it rose. As the dollar came down gold turned around and went up 1.4%.
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[bhinder]

February 9th, 2012
Currencies     EUR/USD The euro rose toward a two-month high after a Greek government official signaled confidence that finance ministers in the currency bloc will approve a second financing accord for the debt-strapped nation.The euro rose 0.2 percent to $1.3281 as of 2:39 p.m. in Tokyo from the close in NYMEX yesterday, where it reached $1.3289, the highest since Dec. 12
USD/JPY pair is trading at 77.18, with the USD trading 0.15% higher from yesterday’s close, as yen came under pressure after core machinery orders in Japan fell 7.1% in December. Separately, the M3 money supply in Japan climbed 2.6% in January. Yen declined after the Japanese Economic Watchers’ survey results showed that the Current Conditions Index declined to 44.1 in January, compared to 47.0 in December. Meanwhile, the Outlook Index edged up to 47.1, from 44.4 in December.
AUD/USD Aussie in the Asian session, at GMT 04:00, the pair is trading at 1.0777, with the AUD trading marginally higher from yesterday’s close, after the National Australia Bank (NAB) business survey indicated that business conditions improved in the December quarter, following a moderation in the June quarter Gains were limited, as China’s annual inflation rate came in higher-than-expected,climbing 4.5% in January, well above market expectations for a 4.0% rise.The pair is expected to find support at 1.0729, and a fall through could take it to the next support level of 1.0682. The pair is expected to find its first resistance at 1.0834, and a rise through could take it to the next resistance level of 1.0892.
Commodities  Oil climbed for a third day in New York as a U.S. government report showed refineries processed more crude last week and Greece moved closer to securing a second bailout.Crude for March delivery rose as much as 43 cents to $99.14 a barrel in electronic trading on the New York Mercantile Exchange. The contract was at $99.11 at 2:15 p.m. Singapore time. It increased 0.3 percent yesterday to $98.71, the highest since Jan. 30. Prices are 14 percent higher the past year.
Gold held steady above $1,730 an ounce on Thursday, after dropping about a percent in the previous session, as a surprisingly high China inflation number supported prices, while investors also focused on Greece's debt talks for direction  Gold came under pressure as the euro softened after Greek political leaders failed to conclude a deal for a bailout package crucial to avoiding a messy debt default, but the higher-than-expected inflation data out of China helped bullion pare early losses.
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[bhinder]

February 10th, 2012
Important Financial Indicators of the dayForecast Previous
GBP 09:30 (GMT) PPI Input    0.4%    -0.6%
CAD 13:30 (GMT) Trade Balance 0.7B    1.1B
USD 13:30 (GMT) Official Bank Rate     -48.1B 1.1B
USD 17:30 (GM) Fed Chairman Bernanke speaks
Currencies   EUR/USD The dollar advanced versus most of its major counterparts as Asian stocks fell and European finance ministers withheld an aid package for Greece.
The dollar rose 0.2 percent to $1.3255 per euro as of 6:30 a.m. in London
AUDUSD Australia’s dollar fell from near a six-month high after the Reserve Bank lowered its forecasts for growth and inflation this year, boosting scope for policy makers to reduce interest rates.
Australia’s dollar slid 0.7 percent to $1.0714 at 4:13 p.m. in Sydney, after reaching $1.0845 on Feb. 8, the most since Aug. 2
Commodities  Oil fell from the highest in three weeks, trimming a weekly gain, as concern that Europe’s debt crisis will worsen and curb global commodity demand.
Oil for March delivery fell as much as 46 cents to $99.38 a barrel in electronic trading on the New York Mercantile Exchange and was at $99.57 at 5 p.m. Sydney time
Gold hovered unchanged at around $1,730 an ounce on Friday in cautious trade as euro zone finance ministers held off on approving a bailout package for Greece even after it said it had clinched a deal on economic reforms.
Gold Price was little changed at $1,732.34 an ounce by 0315 GMT, after two straight days of losses.
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[bhinder]

February 13th, 2012
Currencies   EUR/USD The EUR/USD pair fell on Friday as the market continues to be driven by headlines out of Athens. The pair is gaining strength this morning as Greece’s parliament approved austerity measures to secure an international bailout.
EURJPY The yen declined against the euro and other major peers after Greek Prime Minister Lucas Papademos won approval from parliament for austerity measures to secure a second package of aid.
The yen declined 0.4 percent to 102.87 per euro as of 6:39 a.m. in London from last week in New York.
Commodities Oil advanced from a three-day low after Greece’s parliament approved austerity measures to secure an international bailout, easing concern that Europe’s debt crisis will worsen and curb demand for commodities.
Oil for March delivery climbed as much as $1.01 to $99.68 a barrel on the New York Mercantile Exchange.
Gold strengthened on Monday in line with gains in shares and the euro after Greece's parliament finally approved a deeply unpopular austerity bill to secure a second bailout.
Physical buying from China also helped lift gold up $US6.10 an ounce to $US1725.49 in Asian afternoon trade.
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[bhinder]

February 14th, 2012
Currencies      EUR/USD The dollar gained versus all its major counterparts after Moody’s Investors Service cut ratings on European nations including Italy, Spain and Portugal, boosting demand for safer assets.
The dollar rose 0.2 percent to $1.3165 per euro as of 2:24 p.m. in Tokyo
USD/JPY The yen fall after the Bank of Japan said it expanded its asset-purchase fund to ensure a recovery.
The yen dropped as much as 0.2 percent to 77.76 per dollar, before trading at 77.68 at 12:48 p.m. Tokyo time from 77.57 yesterday.
Commodities Oil fell from the highest price in almost five weeks on speculation that U.S. crude supplies are rising and demand for fuel may falter as Europe grapples with lower credit ratings.
Oil for March delivery slid as much as 54 cents to $100.37 a barrel in electronic trading on the New York Mercantile Exchange. It was at $100.62 at 1:57 p.m. Singapore time.
Gold prices fell in Asian trading Tuesday as the euro lost ground against the dollar amid resurfacing investor jitters about the euro-zone debt crisis.
Spot gold was trading at $1,717 a troy ounce at 0505 GMT, down $4.90 from its previous settlement.
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[bhinder]

                          February 15th, 2012

Currencies   EUR/USD The EUR/USD pair fell again on Tuesday as the markets continue to sell risk related assets. The announcement of the cancelled EU Finance Ministers meeting on Wednesday also sent a shudder through the markets as well.

EUR/JPY The euro rose to its highest level in two months against the yen after the People’s Bank of China said the nation will participate in resolving Europe’s debt crisis, boosting demand for higher-yielding assets.

The 17-nation euro rose 0.4 percent to 103.41 yen at 6:31 a.m. in London and earlier touched 103.48, the most since Dec. 12.

Commodities  Oil rose after China pledged to help resolve Europe’s debt crisis, easing concern that economic growth will slow and curb fuel demand. Brent crude may advance to $120 a barrel, according to Goldman Sachs Group Inc.

Oil for March delivery rose as much as $1.02 to $101.76 a barrel in electronic trading on the New York Mercantile Exchange and was at $101.62 at 3:05 p.m

Gold edged higher on Wednesday but remained in a tight range around $1,720 an ounce, with investors on the sidelines because Greece has yet to convince European leaders of its ability to stick to unpopular reforms needed to secure a bailout.

Spot gold edged up 0.3 percent to $1,724.04 an ounce by 0317 GMT. U.S. gold gained 0.5 percent to$1,726.30

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[bhinder]

February 16th, 2012
Currencies   EUR/USD The EUR/USD dropped to a three-week low before German and Italian leaders meet tomorrow ahead of a finance ministers’ gathering next week to decide on a second bailout package for Greece.
USD/CAD  The Canadian dollar fell for the first day this week versus its U.S. counterpart as bets that an aid package for Greece may be delayed until after it holds elections this year damped appetite for riskier assets.
U.K. consumer confidence rose in January to the highest in five months on signs of strength in the economy.
Commodities  Commodities fell from a six-month high, paced by declines in copper and crude, after European leaders delayed a decision on Greece’s bailout, boosting the dollar and eroding demand for raw materials.
Oil for March delivery was at $101.45 per barrel, down 0.3 percent on the New York Mercantile Exchange after ending yesterday at the highest close since Jan. 10. Prices have been supported by reports that Iran halted shipments to Europe..
Gold declined after European leaders delayed a decision on Greece' s bailout, boosting    the dollar and eroding demand for the metal as an alternative investment
Spot gold fell as much as 0.6 percent to $1,717.95 an ounce and traded at   1,718.43 $ . Prices have gained 9.9 percent this year .
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[bhinder]

February 17th, 2012
Currencies      EUR/USD The euro may fall toward its lowest level in more than two years against the dollar after dropping below a key support level, Bank of America Corp. said, citing trading patterns.
The euro traded at $1.3134 as of 9:42 a.m. in Tokyo from $1.3130 in New York yesterday, when it fell to as low as $1.2974, the weakest since Jan. 25.
USD/JPY  The yen dropped against all its major peers, reaching the weakest in more than three months against the dollar, as gains in Asian stocks and signs of growth in the U.S. economy damped demand for haven assets.
Japan’s currency slid 0.2 percent to 79.07 yen per dollar as of 2:21 p.m. in Tokyo..
Commodities  Oil traded near the highest price in six weeks as signs of an improving U.S. economy and progress on a bailout for Greece bolstered the outlook for fuel demand.
Crude for March delivery was at $102.46 a barrel, up 15 cents, on the New York Mercantile Exchange at 12:55 p.m. Singapore time. Prices yesterday rose 51 cents, or 0.5 percent, to $102.31, the highest close since Jan. 4.
Gold headed for the first weekly advance this month as optimism that Greece may receive a second bailout and avert default hurt the dollar, boosting demand for the precious metal as an alternative asset.
Spot gold gained 0.2 percent to $1,731.57 an ounce at 12:04 p.m. in Singapore, and is set to advance 0.6 percent this week.
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[bhinder]

February 20th, 2012
Currencies     EUR/USD rose during the session on Friday as the market tried to rally on all things risky. However, there is a massively important meeting in Europe Today that will decide whether or not the Greeks get their bailout.
The 1.30 level below extends support down to the 1.29 mark, and that will have to be overcome for any down move to pick up a momentum.
USD/JPY  The yen and dollar dropped against most major peers as Asian shares climbed on Chinese measures to sustain economic growth, curbing demand for refuge assets.
The yen fell 0.5 percent to 105.09 per euro at 6:47 a.m. in London after touching 105.75, the weakest since Nov. 14.
Commodities  Oil rose to a nine-month high in New York after Iran said it halted some crude exports and investors bet that fuel demand will increase as Europe moves closer to bailing out Greece.
Crude for March delivery rose as much as $1.97 to $105.21 a barrel in electronic trading on the New York Mercantile Exchange, the highest intraday price since May 5.
The optimism on a deal later in the day between Greece and euro zone on the second bailout for Greece sent equities and the euro up, helping support gold
Spot gold rose 0.6 percent to $1,733.96 an ounce by 0406 GMT, on course for its biggest daily rise in two weeks.
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[bhinder]

February 21th, 2012
Currencies EUR/USD The 17-nation euro advanced to the strongest level in more than a week versus the U.S. currency as Luxembourg’s Jean-Claude Juncker told reporters the deal includes a 53.5 percent writedown for investors in Greek bonds.
Europe’s common currency rose 0.1 percent to $1.3254 and earlier reached $1.3293, the strongest level since Feb. 9.
EUR/JPY The Canadian dollar fell for the first day this week versus its U.S. counterpart as bets that an aid package for Greece may be delayed until after it holds elections this year damped appetite for riskier assets.
The euro touched 105.97 yen, the most since Nov. 14, before trading 0.2 percent higher at 105.62 yen as of 1:39 p.m. in Tokyo.
Commodities Oil traded near the highest price in nine months after euro-area finance ministers agreed on a second bailout for Greece, improving prospects for fuel demand.
Oil futures for March delivery, which expire today, advanced as much as $2.20 to $105.44, the highest intraday price since May 5 on the New York Mercantile Exchange.
Spot gold rose to its highest in a week and half on Tuesday as the dollar weakened after euro zone policymakers sealed a deal for a second bailout for Greece.
Spot gold inched up 0.4 percent to $1,740.35 an ounce by 0624 GMT, after touching a one-week high of $1,740.49.
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