April 7, 2014 12:30 pm
The euro snapped three days of losses against the US dollar, after data showed investors confidence in the euro area rose this month to the highest in three years. However, gains were limited as last week European Central Bank President Mario Draghi suggested readiness to use Quantitative easing (QE) to boost inflation in the currency […]
Read moreApril 7, 2014 11:37 am
Copper futures slid for a third day, touching the weakest level in a week, after downbeat data from the worlds biggest consumers China and the US added to concerns of slowing demand, at a time when global mine supplies are increasing. Meanwhile, gold futures erased the biggest one-day advance in more than three weeks, as […]
Read moreApril 7, 2014 11:02 am
During Fridays trading session natural gas futures for delivery in May traded within the range $4.405-$4.476 and closed at $4.421. At 10:45 GMT today natural gas futures for settlement in May traded at $4.498 per million British thermal units, adding 1.32% for the day. The contract breached the first key resistance of $4.463 per mBtu, […]
Read moreApril 7, 2014 9:56 am
The Norwegian krone traded little changed, after advancing for two weeks against the US dollar as data showed industrial output in Norway rose more than expected in February, boosting demand for the Scandinavian currency. USD/NOK hit a session low at 5.9895 at 08:00 GMT, after which consolidation followed at 6.0015, adding 0.02% for the day. […]
Read moreApril 7, 2014 9:25 am
During Fridays trading session gold futures for delivery in June traded within the range $1 284.40-$1 307.50 and closed at $1 303.50. At 09:25 GMT today gold futures for settlement in June traded at $1 298.80 per troy ounce, losing 0.36% for the day. The contract touched a daily low at 1 298.30 at 08:30 […]
Read moreApril 7, 2014 7:49 am
The Aussie dollar traded little changed, close to a more than four-month high, against its US counterpart after traders reduced bearish bets to the weakest level in almost a year and as Australian employers added the highest number of workers since May 2012. AUD/USD hit a session high at 0.9296 at 00:15 GMT, after which […]
Read moreApril 7, 2014 6:58 am
Gold futures erased the biggest one-day advance in more than three weeks, as markets in China, the largest global consumer remained closed due to a public holiday, while assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were reduced to the weakest level in almost a month on Friday. However, losses were limited as […]
Read moreApril 6, 2014 11:01 am
The euro slid to the weakest level in more than a month against the US dollar on Friday, capping a third straight week of losses, as European Central Bank President Mario Draghi suggested readiness to use Quantitative easing (QE) to boost inflation in the currency bloc. EUR/USD touched a session low at 1.3673 at 14:30 […]
Read moreApril 5, 2014 2:49 pm
Gold futures surged the most in more than three weeks on Friday, snapping two weeks of losses, after a government report showed US employers added less workers than expected, raising economic concerns and boosting demand for the metal as a store of value. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were reduced […]
Read moreApril 4, 2014 1:53 pm
Both West Texas Intermediate and Brent crude benchmarks rose on Friday but are set to close the week lower on prospects for a rise in Libyan oil exports after rebels blocking shipments from the country’s eastern ports said they have reached a principle agreement with the government to reopen the terminals. Simmering tension between Russia […]
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