www.bforex.com: Trading Will be Light Today

The EUR ended last week with a solid performance against the USD as investors at the moment appear to have discovered some tranquility through the European Union's actions with regards to the Sovereign Debt problems.

The Americans are going to be on a full holiday today and on account of this trading volume becomes very slim as soon as the European sessions conclude.

Wall Street ended last week on a high among the major indexes as equities shattered a two month losing streak.

However, not everything is wine and roses, economic details from Europe, the States, and in other regions points towards a global slowdown.

Today could be a day by which investors test prevailing ranges and sentiment, this prior to full volume and data start to come in force on Tuesday.

Of substantial interest this week will be the EUR/USD pair, Gold which has been pushed lower, and Crude Oil which has consolidated.