Posts Tagged ‘US economic indicators’
Gold and Oil News - August 19, 2011 23:28
Crude Oil witnesses Correction on Weaker Greenback
Crude oil futures declined on Friday in reaction to weaker US dollar and bearish closing at Wall Street.  Crude oil futures contract for September delivery fell 0.2 percent or $0.12 to settle at $82.26 per barrel on New York Mercantile Exchange. The respective contract reached the day’s low of $79.17 per barrel while plunged 3.7 […]
US Dollar Makes New Low against the Japanese Yen
The US dollar weakened on Friday versus its major counterparts and made its new low against the Japanese Yen. Disappointing US economic indicators made heavy negative impact on stock markets and bond yields and further raised speculation that whether the US Federal Reserve will opt for another round of quantitative easing to boost the economy. […]
Weekly Outlook: Currencies
List of major events that could affect the forex markets for the week ended June 24th, 2011 are as follows:- Today report on house price inflation is to be published in United Kingdom while in euro zone finance ministers have met in Brussels to decide on the new aid package for Greece. Germany also reported […]
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