The greenback surged vs its peers after data indicated that consumer prices rose at the fastest pace since January 2013 - signaling that inflation in the U.S. may be close to the Federal Reserve's target. The dollar now logged its first weekly gain against the euro in five weeks. It was up 2...
On Friday gold prices were higher in European trade, as the greenback weakened broadly after the release of soft U.S. data on Thursday and amid speculation U.S. policy makers will hold off raising borrowing costs. Investors now eye a fresh U.S. economic report later in the day...
On Friday crude-oil futures slightly declined in Asian trade, but kept the bulk of strong overnight gains helping to bring U.S. oil prices over the $60 a barrel mark...
The euro remained higher against the U.S. dollar on Thursday, as investors locked in profits after the recent rally and were reluctant to put on strong dollar positions, so they are lagging what you can see in terms of economic data. Some disappointing U.S...
On Thursday the greenback slid against its rivals, as markets digested the Federal Reserve's minutes from its most recent meeting, which signaled that an interest-rate hike in unlikely in the midyear...
Gold prices saw slight losses in early U.S. trade Thursday. This week's rally in the U.S. dollar index has undermined bullish enthusiasm in the precious metals markets...
On Thursday the British currency rose against the other major currencies in European trade, after data showed that UK retail sales climbed higher than expected in April. The new data spurred hopes that Britain's economic growth may accelerate in the second quarter...
Thursday saw crude oil futures rising for a second day as the U.S. government report released Wednesday showed crude inventories declined for a third week. Fighting in Iraq remains in focus...
On Thursday the single currency was steady at two-week trough against the dollar after the minutes of the Federal Reserve’s latest meeting did little to alter expectations that it will hold off on raising rates until later this year...
On Thursday the greenback declined against the yen in Asia trade, with gains limited by profit taking and selling by Japanese exporters after a recent rally that brought the greenback to a two-month high...
On Wednesday oil futures were higher after losing almost 4% Tuesday, as traders awaited a U.S. government report which may indicate a third straight weekly decline in crude inventories. Possible escalation off the coast of Yemen also impacted oil prices...
The dollar hit a two-month high just above 121 yen on Wednesday and extended gains against the euro to a three-week high, as the euro extended the previous session's sharp falls after the ECB comments...
As all attention is attracted by the minutes from the Federal Open Market Committee due later Wednesday, Kitco Metals analyst suggests they will simply be an update for the market as he explains he's not seeing a rate hike until 2016...
On Wednesday gold extended the previous session's slide, as the dollar was stronger ahead of minutes from the Federal Reserve's latest policy meeting, which will be closely watched for clues on the U.S. rate outlook...
In a nutshell, Bank of America analysts called on their clients to be dollar bullish, reiterating their positive forecasts for dollar-yen pair, dollar-euro pair and U.S. Treasuries...
Stocks in Japan finished at a 15-year high on Wednesday after data showed that in the first three months of 2015 Japan’s economy grew at its fastest pace in a year, while one of Hong Kong’s hottest stocks of 2015, Hanergy Thin Film Power Group Ltd., plunged nearly 50...
On Wednesday crude oil prices rose recovering from sharp fall in the previous session, after strong Japanese GDP and as the consumer outlook in Australia seemed to brighten, driving producer hopes of increased demand...
On Wednesday the dollar reached a two-month peak against the yen and extended its gains vs the euro in Asia trade, boosted by positive U.S. data and comments suggesting a front-loading of European Central Bank bond purchases...
According to SNL Metals & Mining, a mining-focused research firm, production of gold dropped in the first quarter of 2015, compared to data from the same period of 2014...
On Tuesday gold futures lost ground, pulling back from a three-month peak as the greenback edged higher against a soft euro. Data earlier showed that housing starts jumped 20.2% in April, the largest jump in more than 24 years...
