April 4, 2014 1:31 pm
The loonie, as the Canadian dollar is best known, advanced to the strongest level in a month against the US dollar after data showed the Canadian economy added higher-than-expected number of jobs last month, while unemployment fell to the weakest level in four months. The better-than-projected Canadian data offset a strong US jobs report, which […]
Read moreApril 4, 2014 12:39 pm
The British pound declined for a fourth day against the US dollar, after data showed UK house prices unexpectedly dropped in March by the most in almost two years. GBP/USD touched a session low at 1.6556 at 12:25 GMT, after which consolidation followed at 1.6569, losing 0.17% for the day. Support was likely to be […]
Read moreApril 4, 2014 11:35 am
Copper futures headed for a third weekly advance, after rising to a three-week high on Wednesday, on concern global supplies may be disrupted following an earthquake and tsunami in Chile, the worlds biggest producer of the red metal. Meanwhile, gold futures were poised for a third weekly drop, the longest run of losses since September, […]
Read moreApril 4, 2014 9:40 am
Natural gas futures declined on Friday, as weather forecasting models called for springlike weather to return in many densely-populated US areas by the end of next week, curbing demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in May traded at $4.413 per million British thermal units at 09:39 […]
Read moreApril 4, 2014 9:02 am
The Japanese yen hovered near the weakest level in ten weeks against the US dollar, ahead of a US government report that may show private payrolls rose in March, by the most in four months, while the jobless rate stood at the lowest level since October 2008. USD/JPY hit a session high at 02:30 GMT, […]
Read moreApril 4, 2014 8:15 am
The euro slid to the weakest level in more than a month against the US dollar after European Central Bank President Mario Draghi pledged yesterday central banks policy makers were ready to act should deflationary risks strengthen. EUR/USD touched a session low at 1.3696 at 06:05 GMT, after which consolidation followed at 1.3700, losing 0.15% […]
Read moreApril 4, 2014 6:47 am
Gold futures headed for a third weekly slump, the longest run of losses since September, ahead of a government report that is forecast to show US employers added the most workers since November, while unemployment fell to a five-year low, backing the case for the Federal Reserve to keep cutting monetary stimulus. Assets in the […]
Read moreApril 3, 2014 1:54 pm
The loonie, as the Canadian dollar is best known, erased daily losses against its US counterpart after data showed initial jobless claims in the US rose last week, while the nations trade deficit unexpectedly widened in February. Meanwhile, loonies demand was supported after official data revealed the nations trade surplus widened to the highest level […]
Read moreApril 3, 2014 1:02 pm
West Texas Intermediate crude fell for a fourth day and Brent hovered near a five-month low as demand for petroleum products in the US slid to the lowest since June, while fears of economic slowdown in China added to global demand fears. The market was further pressured amid prospects for a jump in Libyan oil […]
Read moreApril 3, 2014 12:25 pm
Natural gas futures rose on Thursday, ahead of a government report due later today that may show stockpiles declined at a faster than the five-year average pace, while supplies are already at the weakest level for this time of the season since 2003. On the New York Mercantile Exchange, natural gas for delivery in May […]
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