December 11, 2014 10:12 am
Natural gas increased on Thursday, marking a third consecutive day of gains on projections that incoming cold weather systems will push temperatures below normal. Natural gas for delivery in January gained 0.70% to $3.732 per million British thermal units by 9:53 GMT. Prices held in a daily range between $3.745 and $3.696. The energy source […]
Read moreDecember 11, 2014 9:12 am
Gold fell on Thursday to trade below the seven-week high it reached yesterday as weak dollar and equities boosted the precious metals appeal as safe-haven. Comex gold for delivery in February dropped 0.58% to $1 222.3 per troy ounce by 08:54 GMT, having shifted in a daily range of $1 233.4-$1 221.4 an ounce. The […]
Read moreDecember 11, 2014 8:17 am
Yesterday’s trade saw USD/CAD within the range of 1.1436-1.1502. The pair closed at 1.1482, gaining 0.32% on a daily basis. At 8:15 GMT today USD/CAD was down 0.16% for the day to trade at 1.1457. The pair broke the first key daily support level and touched a daily low at 1.1436. Fundamentals United States Retail […]
Read moreDecember 11, 2014 8:08 am
Both Brent and West Texas Intermediate edged up on Thursday, after marking new five-year lows yesterday, although the bearish sentiment persists as Saudi Arabia doesnt feel the need to cut production, further bolstering speculation that OPECs number one is defending its market share. January US crude climbed 0.48% on Thursday to $61.23 per barrel by […]
Read moreDecember 11, 2014 8:05 am
Yesterday’s trade saw USD/NOK within the range of 7.1024-7.2247. The pair closed at 7.1586, gaining 0.58% on a daily basis. At 8:04 GMT today USD/NOK was up 0.05% for the day to trade at 7.1537. The pair touched a daily high at 7.1654. Fundamentals United States Retail sales Retail sales in the United States probably […]
Read moreDecember 11, 2014 7:48 am
Yesterday’s trade saw USD/CHF within the range of 0.9660-0.9724. The pair closed at 0.9665, losing 0.48% on a daily basis. At 7:31 GMT today USD/CHF was down 0.05% for the day to trade at 0.9659. The pair touched a daily low at 0.9628. Fundamentals United States Retail sales Retail sales in the United States probably […]
Read moreDecember 11, 2014 7:34 am
Yesterday’s trade saw EUR/SEK within the range of 9.2925-9.3759. The pair closed at 9.3746, gaining 0.58% on a daily basis. At 7:31 GMT today EUR/SEK was down 0.15% for the day to trade at 9.3604, which is also the current daily low. Fundamentals Euro zone French Consumer Price Index The annualized consumer inflation in France […]
Read moreDecember 11, 2014 7:22 am
Yesterday’s trade saw EUR/GBP within the range of 0.7882-0.7924. The pair closed at 0.7921, gaining 0.32% on a daily basis. At 7:19 GMT today EUR/GBP was up 0.13% for the day to trade at 0.7930. The pair touched a daily high at 0.7933 during early Asian trade and later tested this high again. Fundamentals Euro […]
Read moreDecember 10, 2014 3:34 pm
International Business Machines Corp and Apple Inc will be revealing the first ten applications since their partnership was announced five months ago. The initial set of applications are aimed at governments and businesses, who are trying to keep up with the fast development of todays technology. Under the targeted audience are banks, retailers, insurers, telecommunication […]
Read moreDecember 10, 2014 2:07 pm
HSBC Holdings Plc has fired its European head of currency trading in relation to the foreign-exchange scandal last month, for which the British bank was fined $618 million. Stuart Scott, who was based in London and was in charge of foreign-exchange trading operations, was dismissed on December 9, after seven years with the British lender. […]
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