News Market Analysis

Sterling rises on Theresa May's lead2017-05-31

Sterling rises on Theresa May's lead

The British currency, the sterling, appreciated versus its counterpart, the U.S. dollar, amid the investors and the traders focusing on Britains polls reporting that Theresa May, the nation's Prime Minister, is leading against the Labour Opposition before the actual general election.

U.S. crude oil 0.14% lower at $49.732017-05-30

U.S. crude oil 0.14% lower at $49.73

Oil traded lower amid the concerns over the worldwide supply glut that resumes having a tremendous influence on the dark commodity. The U.S. crude oil traded at $49.73 falling 7 cents or 0.14%, while Brent reached the $52.37 zone declining 0.51% or 27 cents.

Gold little changed at 4-week highs2017-05-29

Gold little changed at 4-week highs

The precious metal, gold, traded mostly within a stable swing pattern, little changed, close to its 4-week highs in the European session today. Gold futures on the Comex division reached $1,267.47 a troy ounce.

U.S. dollar gains Vs. counterparts2017-05-26

U.S. dollar gains Vs. counterparts

The U.S. dollar traded higher versus its main counterparts, amid the investors and the traders focusing on today’s upcoming U.S. economic reports data release. The euro and the greenback dropped 0.13%, with the EUR/USD trading at 1.1195. 

Gold higher after the FED's release2017-05-25

Gold higher after the FED's release

Gold moved upper in today's European session, near to its 3-weeks highest zone, amid the greenback losing momentum after the FED reported a balance sheet reduction and its cautious scheme on future rate increases.

 

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