Copper futures climb from week lows
Copper futures on Wednesday were climbing, emboldened by a U.S. dollar that slightly slipped in value and economic data about the base metal's top consumer, according to Reuters. For the first time in...
View ArticleWon benefits from Fed chair commentary
The South Korean won notched its biggest gains in 18 months against the world's reserve currency in the aftermath of U.S. Federal Reserve chairman Ben Bernanke's announcement that the economy the...
View ArticleAussie climbs to two week high
Remarks by the top banker in the U.S. about intentions to continue monetary stimulus measures prompted the Australian dollar to climb to its top value in two weeks on Thursday, according to Bloomberg....
View ArticleCrude oil futures hinge on Fed chief testimony
West Texas Intermediate crude oil futures were ebbing and flowing on Wednesday in advance of U.S. Energy Department data that will note the status of supplies in the world's largest consumer of the...
View ArticleGold futures’ losses curbed by Bernanke testimony
Gold futures pecked away at losses on Wednesday in the aftermath of Fed chief Ben Bernanke stating during congressional testimony that changes are afoot for monetary easing policies that aim to spur...
View ArticleLoonie drops value against dollar
The Canadian dollar slumped on Thursday as a consequence of the nation's top banker sating on Wednesday that the institution he spearheads is likely to preserve borrowing costs' rate as is in...
View ArticleGold futures hover as FOMC convenes
Gold futures on Tuesday were slipping on Tuesday as the U.S. dollar moderately solidified, according to Reuters. Investors and traders were apprehensive about implementing big steps as the U.S. Federal...
View ArticleDollar slips toward monthly loss as curtain comes down on July
The world's reserve currency was sinking toward a monthly loss against its top counterparts as the calendar was within hours of turning from July to August, Bloomberg reports. The Federal Open Market...
View ArticleGold futures tugged down by strong U.S. data
Strengthening economic circumstances in the world's largest economy pulled down gold futures on Friday as the yellowish metal pushed toward its biggest weekly losses since June, according to Bloomberg....
View ArticleCopper futures hinge on Fed meetings
All eyes were focusing on the U.S. Federal Reserve as it began two days of meetings that are likely to end with a decision impacting the price of copper futures, according to Bloomberg.As the Federal...
View Article
