December 15, 2014 8:02 am
Friday’s trade saw USD/JPY within the range of 118.03-119.22. The pair closed at 118.80, gaining 0.11% on a daily basis. At 7:52 GMT today USD/JPY was down 0.35% for the day to trade at 118.37. The pair broke the first key support level and touched a daily low at 117.78 during early Asian trade. Fundamentals […]
Read moreDecember 15, 2014 7:29 am
Friday’s trade saw USD/CHF within the range of 0.9616-0.9700. The pair closed at 0.9641, losing 0.42% on a daily basis. At 7:18 GMT today USD/CHF was down 0.03% for the day to trade at 0.9634, which is also the current daily low. Fundamentals United States New York Empire States Manufacturing data The New York Empire […]
Read moreDecember 14, 2014 9:14 am
Both WTI and Brent futures decreased on Friday, marking four out of five trading sessions of declines during the week, as the oil market remained oversupplied on discounts from OPECs top three. WTI crude for delivery in January on the New York Mercantile Exchange lost 3.57% on Friday to settle the week 12.20% lower at […]
Read moreDecember 14, 2014 8:34 am
Friday’s trade saw EUR/USD within the range of 1.2382-1.2487. The pair closed at 1.2462, gaining 0.41% on a daily basis and 1.43% for the whole week. Fundamentals United States New York Empire States Manufacturing data The New York Empire State Manufacturing Index probably improved to a reading of 12.00 in December, according to the median […]
Read moreDecember 13, 2014 8:50 am
Natural gas increased on Friday, after swinging between losses and gains through the week as forecasts of incoming colder weather and bearish EIA report provided mixed data to traders. On the New York Mercantile Exchange, natural gas for delivery in January settled 4.43% higher on Friday at $3.795 per million British thermal units, but not […]
Read moreDecember 13, 2014 7:46 am
Friday’s trade saw USD/SGD within the range of 1.3085-1.3142. The pair closed at 1.3140, adding 0.08% on a daily basis, while losing 0.65% for the whole week, which followed seven consecutive weekly gains. Fundamentals United States New York Empire States Manufacturing data The New York Empire State Manufacturing Index probably improved to a reading of […]
Read moreDecember 12, 2014 1:00 pm
United Technologies Corp announced lower forecast for 2015, as the new CEO considers the value of existing business and the possibility of acquisitions. After the unannounced departure of Louis Chenevert, Greg Hayes took over as the new CEO of United Technologies. Following his appointment, Mr. Hayes admitted that investor returns had “not been very good” […]
Read moreDecember 12, 2014 10:08 am
Natural gas increased for a third time this week on Friday, despite bearish EIA report, as forecasts predict Cold Canadian air will flow into the US. Natural gas for delivery in January gained 1.62% to $3.693 per million British thermal units by 9:55 GMT. Prices held in a daily range between $3.775 and $3.614. The […]
Read moreDecember 12, 2014 8:56 am
Gold fell on Friday as strong US economic data lifted the dollar, boosting the possibility of earlier rate hike, and offset increasing Chinese demand. Comex gold for delivery in February dropped 0.17% to $1 223.5 per troy ounce by 08:43 GMT, having shifted in a daily range of $1 233.4-$1 216.4 an ounce. The precious […]
Read moreDecember 12, 2014 8:31 am
Yesterday’s trade saw USD/MXN within the range of 14.4923-14.8125. The pair closed at 14.7774, surging 1.54% on a daily basis. At 8:28 GMT today USD/MXN was down 0.03% for the day to trade at 14.7745. The pair touched a daily low at 14.7609. Fundamentals United States Producer Prices United States’ annualized producer price inflation probably […]
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