March 18, 2014 8:46 am
The US dollar advanced against the Russian ruble on Tuesday, after better-than-expected US economic data backed the case for further stimulus cuts before the Federal Reserve starts a two-day meeting today. USD/RUB reached a session high at 36.535 at 7:00 GMT, after which consolidation followed at 36.503, rising 0.59% for the day. Support was likely […]
Read moreMarch 18, 2014 7:55 am
Gold futures extended a decline from the strongest level in more than six months as better-than-expected US economic data backed the case for further stimulus cuts before the Federal Reserve starts a two-day meeting today. Also fanning negative sentiment, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, retreated from the highest level since […]
Read moreMarch 16, 2014 8:37 am
The euro regained ground against the US dollar on Friday, after it retreated from the strongest level since October 2011 a day before, following comments by the ECB President Mario Draghi that the central bank is closely monitoring gains in the 18-nation common currency. EUR/USD touched a session high at 1.3936 at 14:15 GMT, after […]
Read moreMarch 15, 2014 8:22 am
Gold futures touched the strongest level in more than six months on Friday and capped a sixth weekly advance, the longest winning run since August 2011, as escalating tension in Ukraine, ahead of a referendum in Crimea on splitting to join Russia, and concern China’s growth is slowing momentum, boosted demand for bullion as a […]
Read moreMarch 14, 2014 2:44 pm
Grain futures were mixed on Friday, soybeans headed for the biggest weekly decline in more than seven months amid signs of slowing demand from China, the worlds largest importer. Meanwhile, corn advanced, while wheat erased earlier losses to hover near the strongest level in more than four months. On the Chicago Board of Trade, soybeans […]
Read moreMarch 14, 2014 2:15 pm
The loonie, as the Canadian dollar is best known trimmed daily losses against its US counterpart to trade little changed, following the release of a weaker-than-projected US consumer sentiment and wholesale prices data. USD/CAD touched a session high at 1.1111 at 07:30 GMT, after which the pair trimmed daily gains to trade little changed at […]
Read moreMarch 14, 2014 12:33 pm
Natural gas futures declined to the weakest level in more than seven weeks, after a government report showed yesterday that US gas stockpiles fell less than projected last week and as weather forecasting models called for a springlike weather across many densely populated US areas, curbing demand for the power-station fuel. On the New York […]
Read moreMarch 14, 2014 10:24 am
The euro regained ground against the US dollar on Friday, after retreating yesterday from the strongest level since October 2011, following comments by the ECB President Mario Draghi that the central bank is closely monitoring gains in the 18-nation common currency. EUR/USD touched a session high at 1.3896 at 10:15 GMT, after which the pair […]
Read moreMarch 14, 2014 9:07 am
The yen was poised for the biggest five-day increase against the US dollar in seven weeks, as rising tension in Ukraine, ahead of a referendum in Crimea on splitting to join Russia, boosted demand for haven assets. USD/JPY touched a session low at 101.50 at 06:25 GMT, after which the pair consolidated at 101.60, losing […]
Read moreMarch 14, 2014 7:51 am
Gold futures touched the strongest level in more than six months and headed for a sixth weekly advance, the longest winning run since August 2011, as rising tension in Ukraine, ahead of a referendum in Crimea on splitting to join Russia, and concern Chinas growth is slowing momentum, boosted demand for bullion as a store […]
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