GBP/USD gains due to stronger sentiment

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Source: Investing.com
The Sterling advanced versus the US Dollar on Thursday amid improved sentiment before the ECB's meeting. The Cable hit 1.5173, the highest level during the morning trading session. One of the reasons for stronger Pound was the UK public sector net borrowing, which increased to £12.47 billion in the preceding month, beating expectations of a £9.7 billion decline. The Pound also gained against the Euro, with EUR/GBP sliding to 0.7657.
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Thu, 22 Jan 2015 12:37:03 GMT

Copper falls ahead of ECB meeting outcome

Prices for copper slid on Thursday amid traders awaiting for the ECB meeting outcome, where a bond-buying programmed is expected to be revealed. In the US copper futures for March delivery lost 2.5 cents and traded at $2.587 per pound, compared to $2.612 previous day. Global growth forecast has been cut to 3.5% from 3.8%, causing copper to fall in

Thu, 22 Jan 2015 11:04:04 GMT

Gold falls amid investors booking profits before ECB meeting

On Thursday gold in the US declined due to investors booking profits ahead of the ECB meeting. Over the night from Wednesday gold remained above $1,300 level amid weak data on the US building permits, whereas housing starts met expectations and rose. Futures for February delivery dropped $7.60 and traded at $1,286.10 per troy ounce, compared to Wednesday's weekly high

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