Posts Tagged ‘US Dollar’
Gold and Oil News - February 15, 2012 22:54
Gold Futures Remain Bearish as Greenback Strengthens
Gold futures remained under pressure of the third consecutive session on Tuesday as the Greece’s bailout package negotiations were postponed while the US dollar gained in reaction to week weak US retail sales data. Gold futures contract for April delivery declined 0.4 percent or $7.20 to settle at $1,717.70 per ounce on the Comex division […]
Economic Events to Affect the Forex Markets
Major economic events that have a significant impact on the Forex markets for the week ending February 17th, 2012 are as under: On Monday, in euro zone, data on German wholesale price index was released was Switzerland published its report on producer and import prices. In Australia, data on home loans and investment lending was […]
Economic Events to Affect the Forex Markets for Week Ending February 10th
List of major economic events that have a significant impact on the Forex markets for the week ending February 10th, 2012 is as under: On Monday, February 6th, data on German factory orders was published in euro zone while the single currency region released its separate indicator on investor confidence. In United Kingdom, data on […]
Gold Futures Reach Their Record High
Gold futures reached their highest level since November uncertainty over the Greece’s debt situation remained strong among investors. Gold futures contract for April delivery gained 0.6 percent or $9.80 to settle at $1,759.30 per ounce on Comex division of the New York Mercantile Exchange. The respective contract touched the intraday high of $1,763.80 per ounce […]
Gold Futures Gain After a Volatile Session
Gold futures gained after a volatile session on Tuesday as investors shifted to less riskier assets on weaker US economic data. The gold futures contract for April delivery gained 0.4 percent or $6 to settle at $1,740.40 per ounce on the Comex division of the New York Mercantile Exchange. The respective contract touched its intraday […]
Forex Trading: Weekly Outlook
Major economic events to affect the forex markets for the week ending February 3rd, 2012 are as follows: On Monday, in euro zone, data on German consumer price index was released. Data on consumer confidence and business climate indicator was also released in the euro zone. In United States, data on personal consumption expenditure was […]
Gold Futures Rally as the Greenback Weakens
Gold futures rallied on Wednesday and crossed the psychological barrier of $1,700 per ounce as the US dollar declined and US Fed announced to keep the interest rate at their lowest. Managing director, Jeffery Wright from Global Hunter Securities commented, “It looks like someone awoke to the fact that loose monetary policy will eventually impact […]
Weekly Forex Outlook
Major economic events which have a significant impact on the forex markets for the week ending January 27th, 2012 are as under: On Monday January 23rd, 2012, report on consumer confidence was released in euro zone. In Canada, index of leading economic indicators was released while in Australia, government data on producer price inflation was […]
Gold Jumps as Greenback Weakens
Gold futures jumped on Tuesday as the greenback weakened on the Tuesday. Moreover the escalating concerns over Europe’s debt further boosted the safe haven status of the gold. The gold futures contract for February delivery gained 1.5 percent or $24.80 to settle at $1,655.60 per ounce on the Comex trading or the New York Mercantile […]
Major Economic Events to Affect the Forex Markets
On Monday, stock markets in United States remained closed in observance of the Martin Luther King Jr. Day. In euro zone, European Central Bank’s President, Mario Draghi appeared before the European Parliament’s Economic and Monetary Affairs Committee. In United Kingdom, industry report on house price inflation was published. In Japan, official data on core machinery […]
Most Popular Content
- Copper Finds Its Footing as Market Sentiment Improves
- S&P 500 Grinds Higher as Rate Cut Hopes Simmer
- Bitcoin Holds Near $120K as 401(k) Buzz Meets Inflation Jitters
- Pound Climbs on BoE Cut and Dovish Signals
- Gold Soars on Tariff Shock as Copper Holds Steady
- Markets Wobble After Highs as Fed Holds Steady and Earnings Send Mixed Signals
- Copper Prices Drift in the Wake of a Surprise Tariff Shock
- Gold Prices Retreat from Highs Amid Easing Geopolitical Tensions