FOREX ANALYSIS

Pair Last High/Low Change   EUR/USD 1.41679 1.41991/1.41605 0.00243  USD/JPY 80.446 80.507/80.296 0.150  GBP/USD 1.59557 1.59693/1.59492 0.00017  USD/CAD 0.98909 0.98960/0.98591 0.00310  XAU/USD 1500.30 1502.00/1497.80 1.92

Downside impact from IEA reserve release likely to be transitory…UPDATE - JUN 24, 2011 5:34:00 PMThe International Energy Agency’s (IEA) surprise announcement of a coordinated decision to release 60m barrels of crude oil from strategic emergency reserves is likely to keep pressure on near t  Read on