March 26, 2014 3:48 pm
The loonie, as the Canadian dollar is best known, pared daily advances against its US counterpart after data showed durable goods orders rose more-than-expected last month, fueling optimism over the US economic outlook. USD/CAD touched a session low at 1.1124 at 09:30 GMT, after which the pair trimmed daily losses to trade at 1.1154 at […]
Read moreMarch 26, 2014 2:53 pm
The Russian ruble advanced for a fourth day to touch the strongest level in more than a month against the US dollar, after US and European leaders urged Russia to de-escalate the crisis in Ukraine. USD/RUB touched a session low at 35.333 at 06:15 GMT, after which the pair trimmed losses to trade at 35.438 […]
Read moreMarch 26, 2014 1:40 pm
Both West Texas Intermediate and Brent crude benchmarks advanced on Wednesday, supported by supply disruptions in Nigeria and Libya, and following yesterdays strong data from the US, which bolstered the top consumer’s economic outlook. However, easing worries over Ukraine held Brent gains in check. Meanwhile, natural gas futures declined on Wednesday as long-term weather forecasting […]
Read moreMarch 26, 2014 1:10 pm
Copper futures eased off from two-week highs on concern economic growth is faltering and default risks are increasing in the worlds largest consumer, China at a time when global supplies are piling. Meanwhile, gold futures edged slightly higher, while silver distanced further from the weakest level in 1-1/2 months. On the Comex division of the […]
Read moreMarch 26, 2014 10:59 am
The euro fell for a second day against the US dollar, following a speculation the European Central Bank may signal additional monetary stimulus next week, to bolster the economy. EUR/USD touched a session low at 1.3790 at 08:50 GMT, after which the pair consolidated at 1.3801. losing 0.18% for the day. Support was likely to […]
Read moreMarch 26, 2014 10:18 am
Natural gas futures declined on Wednesday as long-term weather forecasting models called for a significant warm-up across most of the densely populated US areas, curbing demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in April traded at $4.392 per million British thermal units at 10:17 GMT, down 0.51% […]
Read moreMarch 26, 2014 9:33 am
The Swedish krona dropped to the weakest level in more than three weeks against the euro on Wednesday, as both consumer confidence and the nations trade balance came in well below expectations. EUR/SEK touched a daily high at 8.9036 at 09:24 GMT, after which consolidation followed at 8.8996, adding 0.54% for the day. Support was […]
Read moreMarch 26, 2014 8:39 am
The Aussie advanced to the strongest level in more than four months against its US counterpart on Wednesday, after Reserve Bank of Australia Governor Glenn Stevens said there were early signs of a transition from a mining-driven demand to domestic consumption and that the economy may strengthen later this year. AUD/USD hit a session high […]
Read moreMarch 26, 2014 7:48 am
Gold futures rose on Wednesday as investors weighed the prospect of reduced Fed stimulus against increasing demand for a haven amid tensions in Ukraine. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, retreated from more than a three-month high yesterday. On the Comex division of the New York Mercantile Exchange, gold futures for […]
Read moreMarch 25, 2014 3:52 pm
The euro dropped to a one-week low against the loonie, as the Canadian dollar is best known, after the governor of the Bundesbank and member of the ECB Governing Council, Jens Weidmann commented that central bank policy makers havent ruled out introducing further stimulus to spur economic growth in the euro area. EUR/CAD touched a […]
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