The Japanese Yen was the weakest currency followed by the US Dollar. The weak Greenback led the markets to load up on risk as the AUD and the NZD posted strong rallies this week. Gold prices posted a 5-week high this week, briefly flirting near the highs of 1160 after prices tested the lows near 1106 a week before. It was the same story across all or most commodity assets. Crude oil futures gained nearly 8.48% for the week, closing near a 10 week high of $49.49. The strong rally in Crude oil comes after prices were trading sideways for nearly 5 weeks. The weak data also saw the US equity markets rally with the S&P500 futures closing above the $2000 handle on Friday, posting gains of 3.24%.
FOMC Meeting Minutes Keeps US Dollar in Check
Weekly Report - 11/10/2015