On Friday dollar was higher against its peers, as investors awaited the release of U.S. GDP data for the first quarter. Meanwhile, expectations for earlier rate hike continued to lend support for the greenback, as this week was rich for economic reports which indicated that the U.S...
The movement of gold little changed at the opening of the European trading sessionon Friday (29/05) this afternoon amid anticipation of investors against its first quartereconomic growth data in the US later on this evening. In the past few days us economic data strengthened the successful u.s...
Gold was down around 1.5%, while platinum and silver fell around 2%. Palladium was down just .26% and it is edging higher in early trading on Wednesday...
On Friday the greenback edged lower against the yen in Asia trade, with some investors locking in profits in the wake of this week’s high-profile rally...
The u.s. dollar to loosen his reinforcement on Friday (29/05) Asian session this morning, take a breath of the strong rally on this weekend that brought the u.s. currency to its highest level against the Yen since 2002 as well as growing eskpektasithat The Fed will raise interest rates this year...
New Zealand business confidence slumped to the lowest level since the country'sgeneral election last year as a result of waning optimism on the economy and a drop in expectations of inflation to a record low historically. NZDUSD As much as 15...
Thursday marked a decline in oil futures, with the U.S. benchmark touching its lowest level in about five weeks, as markets await confirmation from the U.S. authorities on if crude supplies declined...
On Thursday China's mainland markets were the main losers in Asia, as worries over tighter requirements on margin financing spurred selloff. Separately, filings signaled that China Central Huijin Investment Ltd., a unit of China's sovereign wealth fund China Investment Corp...
An OPEC source who preferred to stay unnamed said to Saudi Arabia's Al Hayat newspaper that the cartel is not likely to reduce oil production at the meeting in June, and the meeting will be short...
On Thursday the euro slid back to the one-month low as hopes for a close deal between Greece and creditors faded after ECB warning. The dollar was still stronger against peers despite fresh downbeat numbers...
Investment strategist Sara Nunnally was interviewed by Kitco News for her technical outlook on the gold market. Sara has her own projection on when the Federal Reserve is most likely to raise interest rates...
On Thursday the greenback declined versus rivals in a subdued trade, as investors awaited the release of U.S. economic reports later in the day. Meanwhile, expectations of an earlier rate hike in the U.S. kept lending support to the greenback...
On Thursday sterling slipped against the dollar after data signaled the economic growth in the U.K. in the first quarter of 2015 was unchanged from initial estimates...
Despite low oil prices, U.S. shale boom is proving resilient, the Organization of of the Petroleum Exporting Countries (OPEC) said in its biggest report this year, which suggests the global oil glut could linger for two more years. Every five years OPEC publishes long-term strategy reports...
The strong U.S. dollar has pressured precious metals since last summer. Also, the talk of interest rate hikes by the Fed is said to have negatively influenced gold...
The dollar rose to its highest level in 13 years against the yen on Thursday, boosted by expectations that the economic recovery in the U.S. would accelerate the timeline for higher interest rates...
According to an announcement that has come from British Columbia’s Simon Fraser University (SFU), the campus bookstore would begin accepting Bitcoin payments starting 26th May...
German-based Commerzbank said in a recent report that it sees more potential for gold priced in euros, as lingering speculation on when the U.S. central bank lefts rates continue to pressure the U.S. gold market...
Dollar remained broadly supported against the basket of other major currencies amid renewed expectations of rate hike in the U.S. this year. Gold touches two-month low. Reports released on Tuesday indicated that U.S...
