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POPULAR NEWS
Gold Futures Fall 1.5% For Biggest Single-Session Loss Since August

Gold futures on Thursday suffered from their largest single-session decline since August, pulling back after posting gains in each of the last three sessions and settling at a 10-month high a day earlier. "Gold was due for a correction as the current rally was getting very extended," Michael Armbruster, managing partner at Altavest, told MarketWatch. Prices declined after minutes from the Federal Reserve™s January policy meeting released Wednesday were seen as more hawkish than anticipated....

Gold prices rise on trade talk optimism; Fed stance limits gains

Gold inched up on Friday as optimism over U.S.-China trade talks pressured the dollar, but signs that the U.S. Federal Reserve could raise interest rates again this year kept prices below a 10-month high hit earlier this week. Spot gold had risen 0.2 percent to $1,325.52 per ounce as of 0548 GMT. The metal was headed for a second straight weekly rise, up almost 0.4 percent this week. U.S. gold futures were subdued at $1,328.1 per ounce. The dollar index against a basket of six major...

Tokyo Shares Open Lower After Falls on Wall Street

Tokyo stocks opened slightly lower on Friday, tracking overnight falls on Wall Street. The benchmark Nikkei 225 index fell 0.31 percent or 65.96 points to 21,398.27 in early trade while the broader Topix index lost 0.44 percent or 7.09 points at 1,606.41. Source : AFP

Oil Marks Highest Finish Since November, With U.S. Prices Up 6 Sessions in a Row

Crude-oil futures finished lower Thursday after a U.S. government report revealed that domestic supplies climbed for a fifth straight week as production jumped to a record level, but overall signs of declines in world-wide output capped price losses for the session. Oil prices for both benchmarks on Wednesday had marked their highest settlements since November on signs of tighter global crude inventories. April West Texas Intermediate crude on its first full day as a front-month contract,...

Hong Kong Stocks Build on Gains at Close

Hong Kong stocks extended gains Thursday as hopes for China-US trade talks were boosted by a report the two sides were working on an outline for a plan to resolve the dispute. The Hang Seng Index rose 0.41 percent, or 115.87 points, to 28,629.92. The benchmark Shanghai Composite Index slipped 0.34 percent, or 9.42 points, to 2,751.80, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.27 percent, or 3.89 points, to 1,444.35. Source: AFP

Dollar marks fifth weekly loss in a row
Saturday, 20 January 2018 04:24 WIB | CURRENCIES |DOLLARDolar AS

The U.S. dollar pared earlier losses on Friday, but notched a fifth weekly loss, as investor concerns over a potential government shutdown.

The ICE U.S. Dollar Index which measures the buck against a basket of six rivals, was last at 90.593, up 0.1%, having erased its losses after trading around the lowest level in three years earlier in the session. On the week, the ICE index slipped 0.4%, making it its fifth week of losses in a row.

The broader WSJ Dollar Index was little changed at 84.42, falling 0.4% on the week.

The euro was slipped slightly as the dollar clung on to its small gain, changing hands at $1.2233, compared with $1.2239 late Thursday in New York. The shared currency is on track for a 0.3% weekly gain against the dollar, as analysts are looking ahead to the first meeting of the European Central Bank in 2018 next week.

The British pound slipped back below the $1.39 barrier early in the U.S. trading day, after having climbed to an intraday high of $1.3945. Sterling last bought $1.3871, compared with $1.3895 on Thursday. On the week, the British currency has rallied 1%.

Against the Japanese yen the dollar weakened, buying ¥110.68 compared with ¥111.11 on Thursday. On the week, the dollar-yen pair fell 0.3%.

Source: Marketwatch

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POPULAR NEWS
Gold Futures Fall 1.5% For Biggest Single-Session Loss Since August

Gold futures on Thursday suffered from their largest single-session decline since August, pulling back after posting gains in each of the last three sessions and settling at a 10-month high a day earlier. "Gold was due for a correction as the current rally was getting very extended," Michael Armbruster, managing partner at Altavest, told MarketWatch. Prices declined after minutes from the Federal Reserve™s January policy meeting released Wednesday were seen as more hawkish than anticipated....

Gold prices rise on trade talk optimism; Fed stance limits gains

Gold inched up on Friday as optimism over U.S.-China trade talks pressured the dollar, but signs that the U.S. Federal Reserve could raise interest rates again this year kept prices below a 10-month high hit earlier this week. Spot gold had risen 0.2 percent to $1,325.52 per ounce as of 0548 GMT. The metal was headed for a second straight weekly rise, up almost 0.4 percent this week. U.S. gold futures were subdued at $1,328.1 per ounce. The dollar index against a basket of six major...

Tokyo Shares Open Lower After Falls on Wall Street

Tokyo stocks opened slightly lower on Friday, tracking overnight falls on Wall Street. The benchmark Nikkei 225 index fell 0.31 percent or 65.96 points to 21,398.27 in early trade while the broader Topix index lost 0.44 percent or 7.09 points at 1,606.41. Source : AFP

Oil Marks Highest Finish Since November, With U.S. Prices Up 6 Sessions in a Row

Crude-oil futures finished lower Thursday after a U.S. government report revealed that domestic supplies climbed for a fifth straight week as production jumped to a record level, but overall signs of declines in world-wide output capped price losses for the session. Oil prices for both benchmarks on Wednesday had marked their highest settlements since November on signs of tighter global crude inventories. April West Texas Intermediate crude on its first full day as a front-month contract,...

Hong Kong Stocks Build on Gains at Close

Hong Kong stocks extended gains Thursday as hopes for China-US trade talks were boosted by a report the two sides were working on an outline for a plan to resolve the dispute. The Hang Seng Index rose 0.41 percent, or 115.87 points, to 28,629.92. The benchmark Shanghai Composite Index slipped 0.34 percent, or 9.42 points, to 2,751.80, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.27 percent, or 3.89 points, to 1,444.35. Source: AFP

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