from Tampa, Florida
The dollar rose against most of its peers in U.S. trading on Wednesday after Federal Reserve Chairman Ben Bernanke’s told Congress that loose monetary policies will stay in place for now though talk of their dismantling may come up soon. In U.S. trading on Tuesday, EUR/USD was down 0.45% at 1.2848. In prepared testimony, Bernanke told lawmakers [...]
The dollar rose against most of its peers in U.S. trading on Tuesday, as investors sought safety in the U.S. currency ahead of Federal Reserve Chairman Ben Bernanke’s testimony in Congress on Wednesday. Trading was choppy, with the greenback jumping in and out of positive territory. In U.S. trading on Tuesday, EUR/USD was up 0.20% at 1.2910. [...]
The dollar fell against most of its peers in U.S. trading on Monday after Japan’s Economy Minister warned further depreciation of the Japanese currency could hurt the economy. Fading hopes that Federal Reserve Chairman Ben Bernanke will hint at when easing tools will scale back also weakened the greenback. Stimulus measures, such as the Fed’s [...]
The Euro was higher against the U.S. Dollar on Sunday. EUR/USD was trading at 1.2837, up 0.03% at time of writing. The pair was likely to find support at 1.2796, Friday’s low, and resistance at 1.3029, Tuesday’s high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8456 [...]
Natural gas prices rose on Wednesday after weather forecasts indicated that a cool snap hovering over the East Coast will give way to hotter temperatures and hike the need for air conditioning in the nation’s households and businesses. On the New York Mercantile Exchange, natural gas futures for delivery in June traded at USD4.069 per [...]
Oil prices rose in Asian trading on Wednesday after industry data released in the U.S. late Tuesday revealed inventories rose more than expected last week and sent prices falling to attractive levels. On the New York Mercantile Exchange, light sweet crude futures for delivery in June traded up 0.13% at USD94.33 a barrel on Wednesday, [...]
Natural gas prices rose on Monday after weather forecasting models called for rising temperatures in the western U.S. and falling temperatures in the northeastern portions of the country. On the New York Mercantile Exchange, natural gas futures for delivery in June traded at USD3.943 per million British thermal units, up 0.86%. The commodity hit a [...]
U.S. grain futures ended Friday’s session sharply lower, with corn and wheat prices coming under heavy selling pressure following the release of the U.S. Department of Agriculture’s closely-watched monthly report on U.S. and global grain supplies. On the Chicago Mercantile Exchange, corn futures for July delivery tumbled 1.75% on Friday to settle the week at [...]
Gold prices fell in U.S. trading on Thursday after weekly jobless claims beat expectations, which sparked demand for the dollar by quelling fears that U.S. recovery was softening enough for the Federal Reserve to keep monetary stimulus programs in place for longer. Stimulus tools, such as the Fed’s monthly USD85 billion bond-buying program, weaken the [...]
Natural gas futures gained on Monday after weather forecasts indicated seasonably warm temperatures settling in over much of the U.S. could heat up to the point that households and businesses may hike demand for air conditioning. On the New York Mercantile Exchange, natural gas futures for delivery in June traded at USD3.982 per million British [...]