November 22, 2013 8:45 am
Australian dollar fell to lows unseen in over two months against its US counterpart on Friday and was set to register the longest sequence of weekly losses in seven years, as speculation appeared that the Reserve Bank of Australia (RBA) may consider an intervention on the currency market in order to ease the strength of […]
Read moreNovember 22, 2013 7:50 am
West Texas Intermediate crude oil traded close to highs unseen in three weeks in Friday, after a weekly report showed that the number of initial jobless claims in the United States decreased more than initially expected last week, which may be indicative that labor market in the worlds largest oil-consuming nation continued improving. WTI futures […]
Read moreNovember 21, 2013 8:29 pm
US treasury stated that it plans to sell its remaining shares of General Motors by the end of this year. The withdrawal may relieve taxpayers of about $10 billion. Treasury has reported today that it sold $70 million worth of GM shares which added to the rest sums to $38.4 billion from the total of […]
Read moreNovember 21, 2013 4:25 pm
Natural gas surged to the highest since the end of October after the Energy Information Administration reported a larger-than-expected withdrawal in U.S. inventories in the week ended November 15. Outlook for colder-than-usual weather through the beginning of December also weighed on prices. On the New York Mercantile Exchange, natural gas futures for settlement in December […]
Read moreNovember 21, 2013 2:20 pm
The euro continued trading higher against the US dollar on Thursday, despite that the number of initial jobless claims in the United States dropped more than projected, while the index of producer prices met expectations, as the common currency was still supported by comments made by European Central Bank President Mario Draghi earlier in the […]
Read moreNovember 21, 2013 1:15 pm
British pound edged higher against the US dollar on Thursday, after the Confederation of British Industry (CBI) reported that manufacturers orders in the United Kingdom registered the largest increase since 1995 in November, while another report said nations budget deficit narrowed in October. GBP/USD climbed to a daily high at 1.6141 at 12:10 GMT, after […]
Read moreNovember 21, 2013 11:02 am
The euro managed to trim earlier losses against the US dollar on Thursday, after the release of mixed reports regarding activity in sectors of manufacturing and services for France, Germany and the Euro bloc as a whole. EUR/USD fell to a session low at 1.3399 at 8:00 GMT, also the pairs lowest point since November […]
Read moreNovember 21, 2013 9:48 am
Australian dollar fell to lows unseen in two months against its US counterpart on Thursday after the release of downbeat data on manufacturing activity out of China in November, while the Fed minutes, published on Wednesday, still supported the greenback. AUD/USD slid to a daily low at 0.9257 at 9:10 GMT, also the pairs lowest […]
Read moreNovember 21, 2013 8:03 am
US dollar climbed to highs unseen in four months against the Japanese yen on Thursday, after Bank of Japan (BoJ) decided to leave its benchmark rate unchanged, while the divergence between monetary policies of Japan and the United States caused the gap between yields on government bonds to widen the most since September. USD/JPY touched […]
Read moreNovember 20, 2013 3:19 pm
US dollar edged lower against its Canadian counterpart on Wednesday, following the release of mixed economic data out of the United States, while markets awaited the minutes of Federal Reserve Banks policy meeting in October. USD/CAD recorded a session low at 1.0443 at 12:25 GMT, after which consolidation followed at 1.0447, losing 0.22% for the […]
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