European Session: Gold Surges to $1165.00





G10 Advancers and Decliners vs USD
CHF 0.85
EUR 0.70
GBP 0.50
JPY 0.35
After a brief pause, risk appetite seem to have returned in Asian trading. Regional equities were broadly higher, with only the Nikkei lagging. Gold surged to $1165.30oz on growing concern the Fed will maintain stimulus measures. The EURUSD traded up to 1.4950, while the USDJPY fell to 88.60. Surprisingly, AUDUSD failed to see a sustained rally on the back of a weaker greenback and commodity…

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