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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...
On Thursday shares of German auto giant BMW steeply dropped as a German newspaper claimed its diesel engines were "significantly" exceeding regulatory limits...
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...