February 10, 2014 3:56 pm
Grain futures advanced on Monday, wheat rose on speculation frigid weather in the US, the largest exporter of the grain, harmed crops. On the Chicago Board of Trade, wheat futures for settlement in March added 0.56% to trade at $5.8025 per bushel by 15:50 GMT. Prices jumped to a session high of $5.8138 per bushel, […]
Read moreFebruary 10, 2014 2:03 pm
The loonie, as the Canadian dollar is best known, declined against its US counterpart, after a report revealed the Canadian housing starts increased at the slowest pace since May 2013. USD/CAD reached a session high at 1.1052 at 13:44 GMT, after which consolidation followed at 1.1046, adding 0.12% for the day. Support was likely to […]
Read moreFebruary 10, 2014 1:02 pm
The euro traded little changed against the US dollar on Monday, as euro zone data sent mixed signals to market players. While the investor confidence in the euro area reached the strongest level in almost three years, the French and Italian production slowed their pace in December. EUR/USD hit a session high at 1.3651 at […]
Read moreFebruary 10, 2014 10:59 am
The yen advanced against the US dollar on Monday, although the Japanese Ministry of Finance announced a record deficit in the nations current account in December, as Fridays lower-than-expected number of added jobs in the US, continued to pressure dollars demand. USD/JPY hit a session low at 102.07 at 08:10 GMT, after which consolidation followed […]
Read moreFebruary 10, 2014 10:12 am
Natural gas declined on Monday to touch the lowest level in almost three weeks, as long-term weather forecasting models called for milder conditions in the US, signalling weaker demand for the heating fuel. On the New York Mercantile Exchange (NYMEX), natural gas for delivery in March lost 1.18% to trade at $4.719 per million British […]
Read moreFebruary 10, 2014 7:50 am
Gold touched two-week high, following data that showed US employers added fewer-than-expected jobs in January and amid increased physical demand from China. Meanwhile, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, remained unchanged for a third day on Friday, after rising 0.5% on February 4, the most since January 17. On the Comex […]
Read moreFebruary 9, 2014 3:16 pm
The euro advanced to one-week high against the US dollar on Friday, after a government report revealed US employment increased at a lower-than-expected pace in January. EUR/USD reached a one-week high at 1.3642 at 13:30 GMT, after which it settled at 1.3635 on Friday, adding 0.32% for the day. The pair settled the week 1.1% […]
Read moreFebruary 8, 2014 7:32 am
Gold rose on Friday, marking the largest weekly advance in more than a month, after US payrolls increased less than analysts forecast. The metal drew support as China, which probably overtook India as the largest consumer last year, opened its markets following the Lunar New Year break. Meanwhile, assets in the SPDR Gold Trust, the […]
Read moreFebruary 7, 2014 2:48 pm
The loonie, as the Canadian dollar is best known, advanced to more than two-week high against its US counterpart, after data showed the US employers added fewer jobs in January than analysts had expected. Meanwhile, loonies demand was supported by lower unemployment level and more full-time employees hired in January. USD/CAD reached a session low […]
Read moreFebruary 7, 2014 1:32 pm
Grain futures were mixed on Friday, wheat headed for its largest weekly advance since September, as the frigid weather in the US, the largest exporter of the grain, harmed crops. Meanwhile, soybeans declined, while corn traded little changed. On the Chicago Board of Trade, wheat futures for settlement in March added 0.3% to trade at […]
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