As the euro bounces back from its abysmal numbers that were posted earlier this year, forex trading activity has been a buzz. The euro just posted a three-month high against the dollar, showing that the euro is indeed on its way to recovery. Investors still have reasons to worry, though, as debt problems continue to threaten another fallout for the euro. For now, at least, the EUR/USD pair is threatening to push past the 1.3200 mark, as it traded at a high of 1.3195 and a low of 1.3055 on August 3rd.

The strengthening of the euro is also due in part to the weakening of the US dollar, which is currently suffering from a slow down in US economic growth. Gold only posted minimal gains of 0.1% to close at $1,185.4 per ounce, while crude oil increased by up to 3% to close at $81.34. As for the stocks market, Dow Jones gained by 1.99% and NASDAQ by 1.80%.