Earlier in the day, Norges Bank cut its interest rates in a response to slower economic growth caused by a fall in oil prices. The move send the dollar soaring against the local currency...
Early Thursday, gold futures were higher as market players were jittery before a speech by Federal Reserve Chairwoman Janet Yellen due later in the day. Markets are waiting for clarity on the bank's decision last week to keep interest rates unchanged...
Both platinum and palladium were affected in the aftermath of the Volkswagen scandal. Both are used in vehicle production, however, they did not act like sister metals...
On Thursday the New Zealand dollar rose against its U.S. counterpart, despite the release of downbeat New Zealand trade balance numbers, while its Australian counterpart was steady near two and half week lows...
While most analysts predict the Fed's decision to stand pat is the main factor which will drive the prices of gold, Commerzbank notes the yellow metal may also receive a boost from Chinese and Indian demand in the coming months...
On Wednesday U.S. oil futures edged higher after data showed that U.S. stockpiles dropped more-than-expected last week, eliminating worries over the global supply glut...
The euro moved higher against the U.S. dollar on Wednesday, bouncing off a two-and-a-half week low after European Central Bank President Mario Draghi said it was too early decide whether or not to add stimulus measures...
Platinum has taken a painful blow after the Volkswagen scandal, says Edward Meir, commodities analyst with INTL FCStone...
Wall Street is expected to have a volatile, but positive open on Wednesday, with stock futures tilting higher after a mixed bag of manufacturing data from China and the euro zone...
“Somebody needs to reconfigure their computer models and recognize that U.S. dollar strength is a headwind to this market,” says Michael O’Rourke, chief market strategist, in a note to clients. There’s more on that yen/S&P 500 action in his chart today...
On Wednesday the shared currency was lower after flash data showed that manufacturing and services output fell below expectations in September...
On Wednesday oil prices were lower as downbeat Chinese manufacturing data added to growing concerns about the economy of the world’s second-biggest crude buyer...
VW's stock plunged 20% early Tuesday and lost $14 billion in market capitalization, but some analysts aren't fretting over the future of the carmaker...
On Tuesday the pound remained lower against the dollar after data showing that U.K. government borrowing increased last month...
EUR/USD bounces off 1.1150, back to 1.1200 FXStreet (Edinburgh) - After bottoming out in the mid-1.1100s, EUR/USD has gathered traction and is now hovering over the 1.1200 handle. EUR/USD capped by 1.1200 The pair has returned to the 1.1200 neighbourhood after testing 2-week troughs in the 1...
EUR/JPY: upside appears limited – Commerzbank FXStreet (Edinburgh) - In the view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees the upside in the cross as limited...
Gold stuck between strong USD and weak equities FXStreet (Mumbai) - Gold prices trade flat as the metal remains supported by have demand, while upside remains restricted by a stronger US dollar. Trades above support at USD 1132.90/Oz Prices currently trade above the support at USD 1132...
Euro Stoxx tracks metal prices, drops almost 2% The European stocks fell sharply on Tuesday as investors tracked metal prices, which traded weak, ignoring the bounce in the US and Chinese stock markets. The pan-European Euro Stoxx 600 index currently trades 1.85% lower around 351.20 levels...
