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On Wednesday the British currency approached two-month highs against the U.S. dollar, as sentiment for the greenback weakened ahead of U.S. data and as market participants awaited the Federal Reserve's monthly policy statement due later in the global trading day...
In April oil has jumped 20 percent to settle at $57 a barrel, as market players considered expanding violence in Yemen could disrupt supplies. The jump comes after the biggest drop since 2008, with crude dropping last month as low as $43...
As the Fed says its decision on when to raise rates will be data-dependent and made on a meeting-by-meeting basis, the chances of a hike in June have significantly decreased amid a drum-beat of weak first-quarter economic data...
On Wednesday gold maintained gains from a two-day rally to reach a three-week peak as more soft US economic data hurt the dollar and undermined hopes for a US Federal Reserve rate hike in June...
An avalanche of cash unleashed by the European Central Bank is spurring demand from the United States and other international investors for the euro region’s stocks - and the currency needed to buy them...
“Gold has certainly been in a bear market prior to today and continues to be, regardless of the rally,” said Adam Koos, president of Libertas Wealth Management Group...
Gold futures fluctuated on Tuesday, a day after recovering sharply from five-week lows to retake the psychologically important $1,200-an-ounce level impacted by speculation Fed policy makers may delay the rate hike...
On Tuesday the U.S. dollar was steady at three-week lows against its Canadian counterpart, as the US currency weakened ahead of a report on U.S. consumer confidence due later in the day. Market players also expect Wednesday's Fed policy statement...
China's gold demand recovered in the first three months of 2015 after a 25% drop in 2014, MarketWatch reported, adding that increasing interest in gold as well as awareness in it as an investment will spur the country's demand further...
On Tuesday the greenback declined for a fifth day, its longest period of losses since July, on speculation downbeat economic data will delay the US central bank's first interest-rate increase in nine years...