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POPULAR NEWS
Gold Ends Higher after Settling Last Week at 2019 Low

Gold prices pushed up from the more than four-month low reached in recent sessions, in part as oil gains lifted the specter of inflation risk, against which gold can act as a hedge. A decline in the U.S. dollar and some weakness in benchmark stock indexes also weighed on demand for riskier assets, providing support for haven gold. Gold for June delivery rose $1.60, or 0.1%, to settle at $1,277.60 an ounce. It settled Thursday at $1,276, the lowest finish for a most-active contract since Dec....

Gold moves up from low of the year, tracking higher oil and weaker stocks

Gold prices pushed up from the four-month low reached in recent sessions, in part as oil gains lifted the specter of inflation risk, against which gold can act as a hedge, and as stock futures pointed to a lower start for riskier assets. A firmer dollar was limiting the metal™s upside, however. Gold for June delivery rose $5.30, or 0.4%, at $1,281.30 an ounce early Monday. It settled Thursday at $1,276, the lowest finish for a most-active contract since Dec. 26, according to FactSet...

Gold Ticks Higher From Near 2019 Low as Week Opens

Gold rose from near the lowest this year as investors weighed risk sentiment amid the long Easter holiday weekend in many countries, with a slew of major companies set to deliver results in the coming days. Spot gold +0.2% to $1,277.46/oz at 8:16am in London. Metal dropped to $1,271.26 last week, lowest level since Dec.Bloomberg Dollar Spot Index steady. œSome caution has set in at the start of the week as investors await the releases, according to Jingyi Pan,...

Dollar edges up in thin post-holiday trade after positive U.S. data

The dollar drifted higher against the euro and British pound on Monday, supported by the relative strength of the U.S. economy, though moves remained small as many investors were still away for the long Easter weekend. The dollar index was last down a tenth of a percent at 97.369, drifting slightly lower after booking a 0.4-percent gain last week. The index remained within striking distance of its 2019 high of 97.71 brushed in early March. The euro was a tad lower at $1.1244, adding to last...

USD/JPY clings to 112.00 as Tokyo opens for an active day

The USD/JPY pair is on the rounds near 111.90 as Tokyo market opens for Tuesday™s trading session. The quote seesawed at the start while marking initial reaction to the news reports that signal hardships for Iranian crude exports from the US and expected cross-party talks to safeguard her position by the UK PM May. With some of the global markets being absent of Monday, coupled with lack of big releases, traders remained mostly calm except favoring oil on supply crunch expectations and...

Dollar settles after biggest weekly rise in a month
Monday, 16 July 2018 16:08 WIB | CURRENCIES |Dolar Indeks Dolar

The dollar edged down on Monday, having notched up its biggest weekly gain in a month last week as investors raised their long bets to the highest level since early 2017, although concerns the economic rebound may be fading has prompted caution about the outlook.

Against a basket of its rivals, the greenback fell 0.2 percent to 94.60 after rising 0.7 percent last week, its biggest weekly rise since mid-June.

In early London trading on Monday, the euro edged 0.1 percent higher to $1.1698 after weakening half a percent last week.

The Australian dollar edged 0.2 percent higher at 0.7433 cents per dollar. Volumes were lower as Japanese markets were out on a holiday.

Source: Reuters

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POPULAR NEWS
Gold Ends Higher after Settling Last Week at 2019 Low

Gold prices pushed up from the more than four-month low reached in recent sessions, in part as oil gains lifted the specter of inflation risk, against which gold can act as a hedge. A decline in the U.S. dollar and some weakness in benchmark stock indexes also weighed on demand for riskier assets, providing support for haven gold. Gold for June delivery rose $1.60, or 0.1%, to settle at $1,277.60 an ounce. It settled Thursday at $1,276, the lowest finish for a most-active contract since Dec....

Gold moves up from low of the year, tracking higher oil and weaker stocks

Gold prices pushed up from the four-month low reached in recent sessions, in part as oil gains lifted the specter of inflation risk, against which gold can act as a hedge, and as stock futures pointed to a lower start for riskier assets. A firmer dollar was limiting the metal™s upside, however. Gold for June delivery rose $5.30, or 0.4%, at $1,281.30 an ounce early Monday. It settled Thursday at $1,276, the lowest finish for a most-active contract since Dec. 26, according to FactSet...

Gold Ticks Higher From Near 2019 Low as Week Opens

Gold rose from near the lowest this year as investors weighed risk sentiment amid the long Easter holiday weekend in many countries, with a slew of major companies set to deliver results in the coming days. Spot gold +0.2% to $1,277.46/oz at 8:16am in London. Metal dropped to $1,271.26 last week, lowest level since Dec.Bloomberg Dollar Spot Index steady. œSome caution has set in at the start of the week as investors await the releases, according to Jingyi Pan,...

Dollar edges up in thin post-holiday trade after positive U.S. data

The dollar drifted higher against the euro and British pound on Monday, supported by the relative strength of the U.S. economy, though moves remained small as many investors were still away for the long Easter weekend. The dollar index was last down a tenth of a percent at 97.369, drifting slightly lower after booking a 0.4-percent gain last week. The index remained within striking distance of its 2019 high of 97.71 brushed in early March. The euro was a tad lower at $1.1244, adding to last...

USD/JPY clings to 112.00 as Tokyo opens for an active day

The USD/JPY pair is on the rounds near 111.90 as Tokyo market opens for Tuesday™s trading session. The quote seesawed at the start while marking initial reaction to the news reports that signal hardships for Iranian crude exports from the US and expected cross-party talks to safeguard her position by the UK PM May. With some of the global markets being absent of Monday, coupled with lack of big releases, traders remained mostly calm except favoring oil on supply crunch expectations and...

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