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US Dollar Index on winning streak higher, rally not seen since the 1980′s
The US Dollar Index is on a winning streak higher in currency trading this morning, rising for a 14th session, its longest rally since 1985 as the euro falls further into … Read article » Gold prices will need to reach $3000 per ounce by 2017 for industry to stay in profitSharp increases in mining costs mean gold prices will need to reach $3000 per ounce by 2017 for the industry to stay in profit, World Gold Council chief executive Aram Shishmanian … Read article » US Dollar Index see biggest gains since 2008 as euro crisis continuesThe US Dollar Index, which tracks the US dollar against six major world currencies is seeing it’s biggest gains since 2008 as the euro crisis continues to lead investors back into … Read article » Brent crude oil under more pressure as Saudi Arabia calls for lower pricesThe price of Brent crude oil futures could fall further next week after new calls from Saudi Arabia’s oil minister for Brent oil prices to come back down to the $100 … Read article » Brent oil price hangs at three month lows near $113 a barrelBrent oil futures open today’s session back at three month lows near $113 a barrel as the situation that haunts Europe over debt concerns in Greece continues to weigh heavily on … Read article » WTI oil price heads back to $96 a barrel as OPEC output risesWTI oil prices lost another 1.1 percent in trading Wednesday afternoon, heading back to $96 a barrel after a report showing that output from members of the OPEC rose to 31.26 … Read article » Brent oil price at $112 and looks set for sixth day of trading lossesThe price of Brent oil is set for a sixth day of trading losses as European crude hovers around $112 a barrel, pushed close to the lowest levels of the year as election results in Europe raised concerns for the Gold price little changed near $1640 as stock markets fall – watch the dollarThe price of an ounce of gold has been little changed over the last week, hovering near $1640 and is struggling for direction as traders and investors mull over falling stock … Read article » Dollar Index holding out above 79 as problems in Europe hit the euro currencyThe ICE US Dollar Index starts the week holding firm around the 79 mark and may see a boost higher through 80 as mulitple problems facing Europe continue to hit the … Read article » US WTI oil price drops to $103 as crude oil demand from China fallsUS WTI oil prices open the week’s trading session 0.7 percent lower at $103 a barrel after Chinese oil demand declined to the lowest level in five months, sliding to 9.51 … Read article » Euro foreign exchange rate falls further as latest business data shows grim pictureThe euro’s foreign exchange rate fell at open this morning and continues to follow a sliding trend lower as shrinking order books and rising job losses in Europe affected both manufacturing … Read article » Brent oil price trading at $118 a barrel as European markets open lowerThe price of Brent oil futures opens Monday’s trading session back at $118 a barrel, erasing 0.7 percent as European stock markets open lower as political tensions in Europe and mixed … Read article » Euro exchange rate fails to gain after latest Spanish bond auction costs climbThe euro’s exchange rate remained flat in trading today, following the latest Spanish bond auction which saw costs climb with 10 year bonds sold at a yield of 5.743 percent, up … Read article » Euro exchange rate fails to gain after latest Spanish bond auction costs climbThe euro’s exchange rate remained flat in trading today, following the latest Spanish bond auction which saw costs climb with 10 year bonds sold at |
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