March 25, 2014 3:17 pm
The ruble advanced for a third day to touch the strongest level in a month against the US dollar, after Russian exporters started buying the local currency to meet a tax deadline, while Russian equities rose amid speculation Western nations wont intensify sanctions over the Crimea annexation. USD/RUB touched a one-month low at 35.591 at […]
Read moreMarch 25, 2014 1:46 pm
West Texas Intermediate traded little changed ahead of US supply data that may show a tenth consecutive weekly build in US crude oil inventories. Brent advanced amid escalating tension between the West and Russia after leaders of the global leading industrial countries suspended Russia from G-8, in response to its annexation of Crimea. Meanwhile, natural […]
Read moreMarch 25, 2014 12:43 pm
Copper futures rose for a second time in three days amid speculation China will take measures to spur economic growth and on concern that supplies from a mine in Chile may be disrupted. Meanwhile, gold traded declined to more than a one-month low, while silver hovered near the weakest level in 1-1/2 months. On the […]
Read moreMarch 25, 2014 10:36 am
The British pound hovered near the weakest level in almost six weeks against the US dollar, after a report showed inflation in the UK rose at the slowest annual rate since October 2009 last month. GBP/USD touched a daily low at 1.6482 at 07:45 GMT, after which it consolidated to trade little changed at 1.6499 […]
Read moreMarch 25, 2014 10:07 am
Natural gas futures advanced on Tuesday as weather forecasting models continued to call for below-normal temperatures across many densely populated US areas, spurring demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in April traded at $4.304 per million British thermal units at 10:04 GMT, up 0.74% on the […]
Read moreMarch 25, 2014 9:44 am
The euro extended daily losses against the US dollar on Tuesday, after data showed the business confidence in the largest euro zone economy, Germany, fell for the first time in five months, curbing demand for the 18-nation common currency. EUR/USD touched a session low at 1.3808 at 09:40 GMT, after which consolidation followed at 1.3812, […]
Read moreMarch 25, 2014 8:54 am
The euro traded little changed, but close to a three-month high against the British pound ahead of a report that may show UK inflation slowed to the weakest pace in more than four years in February. EUR/GBP touched a session high at 0.8394 at 07:05 GMT, after which the pair trimmed losses to trade little […]
Read moreMarch 25, 2014 7:46 am
Gold futures rebounded from the weakest level in more than a month after the global leading industrial countries threatened further sanctions to stop Russia from invading other parts of Ukraine, fueling demand for the precious metal as a store of value. Also fanning positive sentiment, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, […]
Read moreMarch 24, 2014 3:49 pm
The Russian ruble gained ground against the US dollar on Monday, despite expectations economic sanctions imposed by the US and the European Union will intensify in response to the annexation of Crimea, which may even push Russia toward a recession. USD/RUB touched a daily low at 36.044 at 11:40 GMT, after which consolidation followed at […]
Read moreMarch 24, 2014 3:07 pm
The yen trimmed daily losses against the US dollar on Monday, after a report by NATO showed that Russia had amassed a very sizable force on its Ukrainian border, boosting demand for assets with a haven appeal, such as the yen. USD/JPY hit a session high at 102.64 at 08:00 GMT, after which the pair […]
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